Bargaining and sharing innovative knowledge

We consider the problem of bargaining over the disclosure of interim resear ch knowledge between two participants in an R&D race for an ultimate, paten table invention. Licence fee schedules that are functions of the "amount of knowledge disclosed", by the leading to the lagging agent, are examined fo r their abilities to attain efficient outcomes and varying shares of the su rplus arising from disclosure. In her sequential-offers bargaining games, t he uninformed buyer is able to elicit full disclosures without sharing the incremental surplus with any type of the licensor, and thus do as well as a perfectly informed and discriminating knowledge licensee.