Showing 1 - 10 of 11
Innovation is becoming the most important key issue for company's success in the 21st century. In the competitive … accepted that innovation can be better achieved by working in team particularly in the virtual environments. The employed web … findings. Virtual teams base on information technology are formed to facilitate transnational innovation processes and it …
Persistent link: https://www.econbiz.de/10008753083
Innovation plays a central role in economic development, at regional and national level. In the competitive environment … achieve innovations of high quality. Depending on the type of industry, the type of business, the type of innovation and the … strategic objectives that have been set, firms will regularly have to modify the way in which their R&D and innovation is …
Persistent link: https://www.econbiz.de/10008753054
considered as the basic core of the product development and innovation. Due to structural shortcomings, a great number of …
Persistent link: https://www.econbiz.de/10008794651
A principal uses security bid auctions to award an incentive contract to one among several agents, in the presence of hidden action and hidden information. Securities range from cash to equity and call options. “Steeper†securities are better surplus extractors that narrow the gap...
Persistent link: https://www.econbiz.de/10010556730
We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to those who lose the auction. Firms’ bids are dual signals of their cost reductions: the winning bid signals the own cost reduction to rival oligopolists, whereas the losing...
Persistent link: https://www.econbiz.de/10008501954
This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing …
Persistent link: https://www.econbiz.de/10008501956
The literature on R&D contests implicitly assumes that contestants submit their innovation regardless of its value …
Persistent link: https://www.econbiz.de/10004980378
This paper revisits the licensing of a non–drastic process innovation by an outside innovator to a Cournot oligopoly …
Persistent link: https://www.econbiz.de/10005739670
The literature on license auctions for process innovations in oligopoly assumed that the auctioneer reveals the winning bid and stressed that this gives firms an incentive to signal strength through their bids, to the benefit of the innovator. In the present paper we examine whether revealing...
Persistent link: https://www.econbiz.de/10011140993
This paper revisits the standard analysis of licensing a cost reducing innovation by an outside innovator to a Cournot …
Persistent link: https://www.econbiz.de/10005785795