Showing 1 - 6 of 6
This paper analyses simultaneous regulation of cost and quality when firms have private, correlated information about … productivity and the regulator receives a signal about quality. It is shown that managerial effort and expenditures on quality are … positively correlated in the optimal contract. The higher is firm productivity the more should the firm spend on quality …
Persistent link: https://www.econbiz.de/10005419539
providers of contents incentives to invest in higher quality and, as a result, force competitors to reduce their prices …
Persistent link: https://www.econbiz.de/10005419550
indicates that public sector outsourcing generally reduces costs without hurting quality. This is clearly the case for …
Persistent link: https://www.econbiz.de/10009147384
Entrepreneurs face higher commercialization costs than incumbents. We show that this implies that entrepreneurs will choose more risky projects than incumbents, aiming to reduce their high expected marginal commercialization cost. However, entrepreneurs may select too safe projects from a social...
Persistent link: https://www.econbiz.de/10010818447
if there are any third factors (quality of the patent) that affect the commercialization and renewal decisions. Using a … renewed, but also that quality influences commercialization and renewal decisions. When controlling for endogenous … the quality of the patent, if the owner decides to commercialize the patent on the margin, this leads to longer survival …
Persistent link: https://www.econbiz.de/10008835095
that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market … destruction by increasing the entrepreneurial effort allocated to high-quality invention projects. Using detailed data on patents … granted to small firms and individuals, we find evidence that high-quality inventions are often sold, and that they are sold …
Persistent link: https://www.econbiz.de/10004964394