Spiegel, Yossi; Aoki, Reiko - 1999
In Europe and in Japan, patent applications are publicly disclosed after 18 month from the filing date regardless of … whether a patent has been or will be registered. In the U.S. in contrast, patent applications are publicly disclosed only when … a patent is granted. In this paper we examine the consequences of this difference for (i) firm's R&D and patenting …