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Author: Sudipto Bhattacharya
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Sudipto Bhattacharya and Sergei Guriev
We develop a model of two-stage cumulative research and development (R&D), in which one Research Unit (RU) with an innovative idea bargains to license her nonverifiable interim knowledge exclusively to one of two competi...Read more...
Sudipto Bhattacharya, L-A Gérard-Varet and Claude d'Aspremont
We consider the problem of bargaining over the disclosure of interim research knowledge, between two participants in a R & D race or contest, for an ultimate, patentable invention. Licensing fee schedules, as functions o...Read more...