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The effects of public policy programs which aim at internalizing spill-overs due to successful innovation are analyzed in a sequential double-sided moral hazard doublesided adverse selection framework. The central focus lies in analyzing their impact on contract design. We show that in our...
Persistent link: https://www.econbiz.de/10010958733
The effects of public policy programs which aim at internalizing spill-overs due to successful innovation are analyzed in a sequential double-sided moral hazard doublesided adverse selection framework. The central focus lies in analyzing their impact on contract design. We show that in our...
Persistent link: https://www.econbiz.de/10005120780
Persistent link: https://www.econbiz.de/10011478326
Persistent link: https://www.econbiz.de/10014416915
Persistent link: https://www.econbiz.de/10013439726