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Intellectual Property Law and the Boundaries of the Firm Oren Bar-Gill Gideon Parchomovsky Download the Paper (PDF format) - June 29, 2004 Tell a colleague about it. Printing Tips: Select 'print as image' in the Acrobat print dialog if you have trouble printing. ABSTRACT: Arrow’s disclosure paradox implies that information that is not afforded legal protection cannot be bought or sold on the market. This paper emphasizes the important relationship between the paradox of disclosure and the boundaries of the firm question. Only legally protected inventions, i.e., patented inventions, may be traded; pre-patent stages of the innovation process may not. Consequently, by force of law, rather than by the guidance of economic principle, pre-patent innovation must be carried out within the boundaries of a single firm. SUGGESTED CITATION: Oren Bar-Gill and Gideon Parchomovsky, "Intellectual Property Law and the Boundaries of the Firm" (June 29, 2004). Harvard Law School. Harvard Law School John M. Olin Center for Law, Economics and Business Discussion Paper Series. Paper 480. http://lsr.nellco.org/harvard/olin/papers/480 | REPOSITORY HOME  | SEARCH  | MY ACCOUNT  | NELLCO HOME | Powered by bepress.