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Innovation Contests
Pérez-Castrillo, David; Wettstein, David - CESifo - 2014
We study innovation contests with asymmetric information and identical contestants, where contestants’ efforts and … highest quality and receives the revenue generated by the innovation. We characterize the equilibrium behavior, outcomes and …
Persistent link: https://www.econbiz.de/10010877748
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Endogeneous matching in university-industry collaboration: Theory and empirical evidence from the UK
Banal-Estañol, Albert; Macho-Stadler, Inés; … - Department of Economics and Business, Universitat … - 2013
We develop a two-sided matching model to analyze collaboration between heterogeneous academics and firms. We predict a positive assortative matching in terms of both scientific ability and affinity for type of research, but negative assortative in terms of ability on one side and affinity in the...
Persistent link: https://www.econbiz.de/10010849635
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Multinationals, technology networks and international takeovers
Oliva, M. Àngels; Rivera-Bátiz, Luis - Department of Economics and Business, Universitat … - 1997
We formulate a knowlegde--based model of direct investment through mergers and acquisitions. M&As are realized to create comparative advantages by exploiting international synergies and appropriating local technology spillovers requiring geographical proximity, but can also represent a strategic...
Persistent link: https://www.econbiz.de/10005827469
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A model of conglomeration and synergy traps
Oliva, M. Àngels; Rivera-Bátiz, Luis - Department of Economics and Business, Universitat … - 1997
We present a model of conglomeration motivated by technology synergies and strategic reductions in variable costs in the face of competitive pressures. The resulting firm integration is neither horizontal nor vertical but rather congeneric integration of firms in related industries. We...
Persistent link: https://www.econbiz.de/10005771958
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Endogeneous Matching in University-Industry Collaboration: Theory and Empirical Evidence from the UK
Banal-Estañol, Albert; Macho-Stadler, Ines; … - CESifo - 2013
We develop a two-sided matching model to analyze collaboration between heterogeneous academics and firms. We predict a positive assortative matching in terms of both scientific ability and affinity for type of research, but negative assortative in terms of ability on one side and affinity in the...
Persistent link: https://www.econbiz.de/10010681221