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Ideas are difficult to sell when buyers cannot assess an idea’s value before it is revealed and sellers cannot protect a revealed idea. These problems exist in a variety of intellectual property… (More)
We examine how an innovator should manage its intellectual property when confronted with limited intellectual property rights and possible imitation. Exploitation of an innovation commonly requires… (More)
We examine the impact of patent infringement damages in an equilibrium oligopoly model of process innovation where the choice to infringe is endogenous and affects market choices. Under the… (More)
The patent system encourages innovation by providing exclusivity to inventors and by making knowledge regarding the inventions publicly available. When the degree of exclusivity offered by a patent… (More)
An obstacle to the sale of knowledge to skeptical buyers is that the seller may have to make an expropriable disclosure of some portion of that knowledge. Partial protection of the value-establishing… (More)
All patents are not created equal. They vary substantially in the degree of protection provided against unauthorized imitation. Thus, patent strength—or the lack thereof—is a major concern for… (More)
- D. Angelo R. Agossou Yao, Yves Sprycha, Stefan Porembski, Renate Horn
- Genetic Resources and Crop Evolution
- 2014
Sodom apple (Calotropis procera [Ait.] W.T. Aiton) is a perennial shrub, quickly overgrowing pastures as a weed in subtropical and tropical climates. However, it is also used for various medicinal… (More)
We examine a multi-issue dynamic decision-making process that involves endogenous commitment. Our primary focus is on actions that impact delay, an extreme form of lack of commitment. Delay is… (More)