Strategic Disclosure of Intermediate Research Results.
We analyze the incentives to disclose intermediate research results. We find that despite the help that disclosure can give to a rival, the leading innovator sometimes chooses to disclose. Disclosure signals commitment to the research project, which may induce a rival to exit. With weak product mark...
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| Format: | Working paper |
| Language: | English |
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Department of Economics (University of Oxford)
2004
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