Showing 1 - 10 of 105
We develop a model of two-stage cumulative research and development (R&D), in which one Research Unit (RU) with an innovative idea bargains to license her nonverifiable interim knowledge exclusively to one of two competing Development Units (DUs) via one of two alternative modes: an Open sale...
Persistent link: https://www.econbiz.de/10010745090
downstream development unit, a buyer of the interin innovation, arise from its ability to prevent the upstream research unit from … then value of her innovation is low. By constraining the financial flexibility of the upstream unit vis-a-vis her choice …
Persistent link: https://www.econbiz.de/10010745892
We develop a model of two-stage cumulative research and development (R&D), in which one Research Unit (RU) with an innovative idea bargains to license her nonverifiable interim knowledge exclusively to one of two competing Development Units (DUs) via one of two alternative modes: an Open sale...
Persistent link: https://www.econbiz.de/10010746657
This article analyses the geography of innovation in China and India. Using a tailor-made panel database for regions in … between the provinces and states within both countries are quite different. In China, the concentration of innovation is … contrast, innovation is much more dependent on a combination of good local socioeconomic structures and investment in science …
Persistent link: https://www.econbiz.de/10011125988
effect on technology transfer (catching up with the technological frontier) as well as innovation (pushing the frontier …
Persistent link: https://www.econbiz.de/10010928789
); reduce investment drastically (by 19); and reduce very substantially process innovation and information technology investment …
Persistent link: https://www.econbiz.de/10010746023
Using novel data on European firms, this paper examines the effect of business group affiliation on innovation. We find … that business groups foster the scale and novelty of corporate innovation. Group affiliation is particularly important in … industries that rely more on external finance and have a higher degree of information asymmetry. We also find that the innovation …
Persistent link: https://www.econbiz.de/10010746363
Social capital has remained relatively underexplored in innovation literature due to the lack of consensus on the most … variable analysis makes it possible to identify clear causal links between social capital and innovation, suggesting that …
Persistent link: https://www.econbiz.de/10011071081
Many organizations rely on teamwork, and yet field evidence on the impacts of team-based incentives remains scarce …. Compared to individual incentives, team incentives can affect productivity by changing both workers’ effort and team … precise when the provision of team-based incentives crowds out the productivity-enhancing effect of social connections under …
Persistent link: https://www.econbiz.de/10011125956
This paper studies the optimal allocation of decision rights between an uninformed principal and an informed agent when interdependent activities need to be adapted to local conditions. While the principal cares only about overall profits the agent may favor higher, or lower, levels for each...
Persistent link: https://www.econbiz.de/10011126084