Showing 1 - 10 of 10
information for the innovation process of the firm. Appropriability is defined as the effectiveness of several protection …
Persistent link: https://www.econbiz.de/10005662294
We explore the relationship between innovation activity, productivity, and exports using a panel of Spanish … manufacturing firms for 1990-1998. Our results - based on non-parametric tests - suggest that firm innovation status is important in … innovation seems to explain the positive association between exports and productivity for this group of firms. For small non …
Persistent link: https://www.econbiz.de/10005792473
Successful innovation depends on the development and integration of new knowledge in the innovation process. In order … to innovate successfully, the firm will combine different innovation activities. In addition to doing own research and … innovation activities. Using data from the Community Innovation Survey on Belgian manufacturing firms, we show that firms that …
Persistent link: https://www.econbiz.de/10005667033
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
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
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
In this Paper we carefully link knowledge flows to and from a firm’s innovation process with this firm’s investment … results indicate that firms with small budgets for innovation will not invest in basic research. This occurs in the short run …
Persistent link: https://www.econbiz.de/10005136568
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
universities, using Community Innovation Survey data for Belgium. We find that large firms are more likely to have cooperative … agreements with universities. These agreements are formed whenever risk is not an important obstacle to innovation, and typically … appropriate the returns from innovation for explaining cooperative agreements with universities. We do argue that cooperating with …
Persistent link: https://www.econbiz.de/10005504543
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