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Edwin Mansfield was a research pioneer into the economics of R and D and technological change. As appreciation and remembrance for his scholarly contributions, eminent scholars have contributed original papers for this edited volume. The authors have followed the 'Mansfieldian' approach of...
Persistent link: https://www.econbiz.de/10013520396
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
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
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
Research and development (R and D) leads to innovation, and innovation leads to technological change. Technological …’s innovation system. This text is intended for upper-level undergraduate and MBA courses such as Economics and Technology …, Economics of Innovation, and Economics of Science and Technology, among others. The first chapter introduces the concept of …
Persistent link: https://www.econbiz.de/10013520429
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
, entrepreneurial firms, concluding public R&D investments, primarily funded by the U.S. Small Business Innovation Research (SBIR …) program, are indeed bending the arc of innovation. Firms that receive SBIR project funding would not undertake the projects in … ability to commercialize innovations. Bending the Arc of Innovation offers a theoretical model of the effects of the SBIR …
Persistent link: https://www.econbiz.de/10012054344
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
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
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