ENCAOUA, David; LEFOUILI, Yassine - In: Annales d'Economie et de Statistique (2005) 79-80, pp. 241-271
Patents are probabilistic rights. We set up a multi-stage model in which choosing between patent and trade secrecy is affected by three parameters: the patent strength defined as the probability that the right is upheld by the court, the cost of imitating a patented innovation relative to the...