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A Tale of Two Standards : Patent Pools and Innovation in the Optical Disk Drive Industry

Flamm, Kenneth - 2013

The impact of patent pools on the rate and direction of technological change is an open question in both theoretical and empirical studies. Economic theory makes no unequivocal prediction. By contrast, empirical studies of patent pools, to date, have largely concluded that patent pools have been...

Persistent link: https://www.econbiz.de/10012459730

Innovating Standards Through Informal Consortia : The Case of Wireless Telecommunications

Delcamp, Henry R. - 2012

incentives to invest in R&D by internalizing potential externalities. They may also enhance efficiency of standardization by …

Persistent link: https://www.econbiz.de/10012460481

Leveraging Monopoly Power by Degrading Interoperability : Theory and Evidence from Computer Markets

Genakos, Christos - 2011

When will a monopolist have incentives to foreclose a complementary market by degrading compatibility/interoperability of his products with those of rivals? We develop a framework where leveraging extracts more rents from the monopoly market by "restoring" second degree price discrimination. In...

Persistent link: https://www.econbiz.de/10012461485

Competing Engines of Growth : Innovation and Standardization

Acemoglu, Daron - 2010

production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … adapted to be produced using unskilled labor. Our framework highlights a number of novel results. First, standardization is … standardization rate (and of competition). Second, we characterize the growth and welfare maximizing speed of standardization. We show …

Persistent link: https://www.econbiz.de/10012462712

Tax Policy, Venture Capital, and Entrepreneurship

Keuschnigg, Christian - 2000

The paper studies the effects of tax policy on venture capital activity. Entrepreneurs pursue a single high risk project each but have no own resources. Financiers provide equity finance. They must structure the entrepreneur's profit share and base salary to assure their incentives for full...

Persistent link: https://www.econbiz.de/10012470760

Cashier or Consultant? Entry Labor Market Conditions, Field of Study, and Career Success

Altonji, Joseph G. - 2014

We analyze the early labor market outcomes of U.S. college graduates from the classes of 1974 to 2011, as a function of the economic conditions into which they graduated. We have three main findings. First, poor labor market conditions substantially disrupt early careers. A large recession at...

Persistent link: https://www.econbiz.de/10012458134

Hoping to Win, Expected to Lose : Theory and Lessons on Micro Enterprise Development

Karlan, Dean - 2012

microenterprises readily observed across the world. We put forward a model that illuminates why financial and managerial capital …

Persistent link: https://www.econbiz.de/10012460338

When Educators Are the Learners : Private Contracting by Public Schools

Forbes, Silke J. - 2012

We investigate decision-making and the potential for social learning among school administrators in the market for school reform consulting services. Specifically, we estimate whether public schools are more likely to choose given Comprehensive School Reform service providers if their "peer"...

Persistent link: https://www.econbiz.de/10012460475

University-Industry Spillovers, Government Funding, and Industrial Consulting

Jensen, Richard - 2010

This paper presents a theoretical model of faculty consulting in the context of government and industry funding for research within the university, which then frames an empirical analysis of the funding and consulting of 458 individual faculty inventors from 8 major US universities. In the...

Persistent link: https://www.econbiz.de/10012462919

What Does Consulting Do?

Bijnens, Gert; Jäger, Simon; Schoefer, Benjamin - National Bureau of Economic Research - 2025

This paper provides the first systematic and comprehensive empirical study of management and strategy consulting. We unveil the workings of this opaque industry by drawing on universal administrative business-to-business transaction data based on value-added tax links from Belgium (2002-2023)....

Persistent link: https://www.econbiz.de/10015438296