Innovation, duplication, and the contract theory of patents
Cite
SSRN
Year
2006
Bluebook cite
Franzoni, Luigi A. and Denicolò, Vincenzo, "Innovation, Duplication, and the Contract Theory of Patents" (June 2006). Available at SSRN: http://ssrn.com/abstract=916094
paper examines patents as alternative to trade secrets, included is a mathmatical analysis of the effect of choosing trade secret or patent protection. The author concludes that whether patents are socially preferable to trade secrets depends on the prevelance and efficiency of trade secret licensing.