Patents As Negotiating Assets: PatentingVersusSecrecy For Startups
研究显示，较窄的专利权利可促进初创企业将专利作为谈判资产进行交易，这种交易带来的额外剩余能激励在保密下无法实现的创新，从而提升社会福利。
We analyse a sequential innovation model and show that relatively narrow patent rights can facilitate a market in which startups' patents are traded as negotiating assets. In this market, the trade of patents, on top of monopoly profits, conveys an extra surplus from the patents' capacity to affect future tech-transfer negotiations. This surplus, which stems from a patent's potential ability to exclude infringers and the corresponding enforcement spillovers that patents confer, may incentivize innovations that would not have been possible under trade secrecy, improving social welfare.