search query: @author Anton, J. J. / total: 3
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| Author: | Anton, J. J. Yao, D. A. |
| Title: | Markets for partially contractible knowledge: bootstrapping versus bundling |
| Journal: | Journal of the European Economic Association
2005 : APR-MAY, VOL. 3:2-3, p. 745-754 |
| Index terms: | intellectual property law knowledge rents selling |
| Language: | eng |
| Abstract: | This article discusses how a seller can appropriate rents when selling knowledge that lacks legal property rights by solving either an expropriation or a valuation problem, and then analyzes how seller rents increase when a portion of the intellectual property (IP) can be protected. An analysis shows that a sequential strategy in which the protected portion of the IP is sold prior to selling the unprotected IP is superior to selling both portions of the IP as a bundle. |
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