We study vertical integration incorporating the fact that it creates the possibility of knowledge disclosure. We … downstream rival. Knowledge disclosure intensifies downstream competition but, at the same time, expands the downstream market … size. We also show that, due to knowledge disclosure, vertical integration increases firms’ innovation incentives, consumer …

potential factor that could induce the knowledge disclosure between humans we consider the timing of the moves of players. We … marginal cost of effort. We identify two main mechanisms that work towards knowledge disclosure. One of them is that before the …

of incomplete information. We suggest that such practices of open knowledge disclosure can be deliberate strategies …