The Choice between Formal and Informal Intellectual Property: A Literature Review
64 Pages Posted: 7 Apr 2012 Last revised: 27 Oct 2014
Date Written: April 2012
We survey the economic literature, both theoretical and empirical, on the choice of intellectual property protection by firms. Our focus is on the tradeoffs between using patents and disclosing versus the use of secrecy, although we also look briefly at the use of other means of formal intellectual property protection.
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