Similar Search Results

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

O'Donoghue, Edward; Zweimüller, Josef - C.E.P.R. Discussion Papers - 1998

This paper examines patent protection in an endogenous-growth model. Our aim is two-fold. First, we show how the patent policies discussed by the recent patent-design literature can influence R&D in the endogenous-growth framework, where the role of patents has been largely ignored. Second, we...

Persistent link: https://www.econbiz.de/10005136433

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

Trade Secret Laws, Labour Mobility and Innovations

Motta, Massimo; Rønde, Thomas - C.E.P.R. Discussion Papers - 2002

We show that when the researcher’s (observable but not contractible) contribution to innovation is crucial, a covenant …

Persistent link: https://www.econbiz.de/10005504700

And the Winner Is--Acquired: Entrepreneurship as a Contest with Acquisition as the Prize

Henkel, Joachim; Rønde, Thomas; Wagner, Marcus - C.E.P.R. Discussion Papers - 2010

paper, we analyze a two-stage innovation game between one incumbent and a large number of entrants. In the first stage … innovation. In the second stage, successful entrants bid to be acquired by the incumbent. We assume that entrants cannot survive …&D approaches than the incumbent and are more likely to generate the highest value innovation. Thus, the need of entrants to be …

Persistent link: https://www.econbiz.de/10008784763

Learning for Employment, Innovating for Growth

Falkinger, Josef; Zweimüller, Josef - C.E.P.R. Discussion Papers - 1998

productivity. Education as well as innovation and production require skilled labour as inputs. This and the fact that learning …

Persistent link: https://www.econbiz.de/10005114510

Schumpeterian Entrepreneurs Meet Engel's Law: The Impact of Inequality on Innovation-Driven Growth

Zweimüller, Josef - C.E.P.R. Discussion Papers - 1998

technical and a pecuniary externality resulting from the innovation process may generate multiple equilibria. Redistribution may …

Persistent link: https://www.econbiz.de/10005667010

Structural Change and the Kaldor Facts of Economic Growth

Foellmi, Reto; Zweimüller, Josef - C.E.P.R. Discussion Papers - 2002

We present a model in which two of the most important features of the long-run growth process are reconciled: the massive changes in the structure of production and employment; and the Kaldor facts of economic growth. We assume that households expand their consumption along a hierarchy of needs...

Persistent link: https://www.econbiz.de/10005792315

Innovation and Growth with Rich and Poor Consumers

Brunner, Johann K; Zweimüller, Josef - C.E.P.R. Discussion Papers - 1998

favourable for innovation incentives. This is consistent with empirical evidence, suggesting that countries with a more equal …

Persistent link: https://www.econbiz.de/10005656323

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