As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies. Learn more about membership...
Knowledge Disclosure, Patents and Optimal Organization of Research and Development
The authors develop a model of two-stage cumulative research and development in which one research unit with an innovative idea bargains to license her nonverifiable interim knowledge exclusively to one of two competing development units.
Link
http://sticerd.lse.ac.uk/dps/te/TE478.pdf