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The hold-up problem, innovations, and limited liability
Schmitz, Patrick W - C.E.P.R. Discussion Papers - 2012
An inventor can invest research effort to come up with an innovation. Once an innovation is made, a contract is …
Persistent link: https://www.econbiz.de/10011084016
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Technology Transfer in a Global Economy
Audretsch, David B. - 2012
of Central Florida in Regional Economic Development -- The impact of technological acquisitions on innovation and quality … property rights in the biotechnology industry -- External technology supply and client-side innovation -- The Enrolment in an R …
Persistent link: https://www.econbiz.de/10014016405
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Essays in Public Sector Entrepreneurship
Audretsch, David B. (ed.); Link, Albert N. (ed.) - 2016 - 1st ed. 2016
Chapter 1 Introduction -- Chapter 2 Motivating Entrepreneurship and Innovation Activity -- Chapter 3 Publicly Funded … Principal Investigators as Transformative Agents of Public Sector Entrepreneurship -- Chapter 4 An Innovation Policy Framework … -- Chapter 5 Radical and Incremental Innovation and the Role of University Scientist. …
Persistent link: https://www.econbiz.de/10014018873
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Handbook of Entrepreneurship Research : An Interdisciplinary Survey and Introduction
Acs, Zoltán J. (contributor);  … - 2005
Future -- The Entrepreneurial Process -- Risk and Uncertainty -- Innovation and Technological Change -- Market Processes and …
Persistent link: https://www.econbiz.de/10014013953
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Sustaining entrepreneurship and economic growth : lessons in policy and industry innovations from Germany and India
Acs, Zoltán J.; Audretsch, David B.; Keilbach, Max; … - 2009
Persistent link: https://www.econbiz.de/10013521051
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Innovation Policies, Business Creation and Economic Development : A Comparative Approach
Acs, Zoltán J. (contributor);  … - 2009
Persistent link: https://www.econbiz.de/10013521052
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Exclusive versus Non-exclusive Licensing Strategies and Moral Hazard
Schmitz, Patrick W - C.E.P.R. Discussion Papers - 2007
An upstream firm can license its innovation to downstream firms that have to exert further development effort. There …
Persistent link: https://www.econbiz.de/10005497972
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Task Scheduling and Moral Hazard
Mylovanov, Tymofiy; Schmitz, Patrick W - C.E.P.R. Discussion Papers - 2007
We study a two-period moral hazard problem with risk-neutral and wealth-constrained agents and three identical tasks. We show that the allocation of tasks over time is important if there is a capacity constraint on the number of tasks that can be performed in one period. We characterize the...
Persistent link: https://www.econbiz.de/10005067477
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Optimal Allocation of Ownership Rights in Dynamic R&D Alliances
Rosenkranz, Stephanie; Schmitz, Patrick W - C.E.P.R. Discussion Papers - 2001
We explore the dynamic evolution of property rights regimes in R&D alliances using the incomplete contract approach pioneered by Grossman, Hart and Moore (Hart and Moore, Journal of Political Economy (1990), and Grossman and Hart, Journal of Political Economy (1986)). In contrast to the standard...
Persistent link: https://www.econbiz.de/10005067424
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Allocating Control in Agency Problems with Limited Liability and Sequential Hidden Actions
Schmitz, Patrick W - C.E.P.R. Discussion Papers - 2005
This paper discusses the optimal organization of sequential agency problems with contractible control actions under limited liability. In each of two stages, a risk-neutral agent can choose an unobservable effort level. A success in the first stage makes effort in the second stage more...
Persistent link: https://www.econbiz.de/10005791951