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We consider a model of innovation that distinguishes between ideas and innovations. While innovation responds to … incentives, ideas are a scarce resource that provide an exogenous constraint on the rate of innovation. We investigate how the … optimal reward structure is shaped by the scarcity of ideas. Substitute ideas for innovation in the model arrive to random …
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We investigate optimal rewards in an R&D model where substitute ideas for innovation arrive to random recipients at …
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We investigate rewards to R&D in a model where substitute ideas for innovation arrive to random recipients at random …
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We investigate rewards to R&D in a model where substitute ideas for innovation arrive to random recipients at random …
Persistent link: https://www.econbiz.de/10012463708
The globalization of R&D activities has continued its growth path as companies are increasingly trying to capture knowledge and market opportunities internationally. The rapid evolution of national economies and the ways to conduct knowledge-intensive businesses has led researchers and analysts...
Persistent link: https://www.econbiz.de/10009235214
The globalization of R&D activities has continued its growth path as companies are increasingly trying to capture knowledge and market opportunities internationally. The rapid evolution of national economies and the ways to conduct knowledge-intensive businesses has led researchers and analysts...
Persistent link: https://www.econbiz.de/10013068355