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Under/over-investment and early renegotiation in public-private partnerships
Danau, Daniel; Vinella, Annalisa - 2019
We consider a public-private partnership in an infrastructure project, which requires specialised expertise during the construction stage for the infrastructure to operationalise. This entails that, after an investment is made to begin building the infrastructure, its construction is completed...
Persistent link: https://www.econbiz.de/10012119945
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Universal high-speed broadband provision : an alternative policy approach
Wolfstetter, Elmar - 2021
Millions of citizens and firms lack access to high speed internet, even though governments pledged to spend huge sums of money to subsidize internet networks. In this paper we review some systematic flaws of present subsidy policies and outline a promising alternative. We propose that...
Persistent link: https://www.econbiz.de/10012506923
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Financing costs and the efficiency of public-private partnerships
Avdiu, Besart; Weichenrieder, Alfons J. - 2020
The paper compares provision of public infrastructure via public-private partnerships (PPPs) with provision under government management. Due to soft budget constraints of government management, PPPs exert more effort and therefore have a cost advantage in building infrastructure. At the same...
Persistent link: https://www.econbiz.de/10012316973
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Are ex ante and ex post licensing agreements useful instruments to lessen uncertainty in R&D?
Siebert, Ralph - 2013
In the last decades, technologies became more complex which increased the degree of uncertainty in R&D. To overcome the uncertainty, firms frequently engage in R&D collaborations, e.g., Research Joint Ventures (RJVs), and licensing agreements. While RJVs are well explored in the literature, very...
Persistent link: https://www.econbiz.de/10010223406
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R&D and production behavior of asymmetric duopoly subject to knowledge spillovers
Plasmans, Joseph E. J. - 2000
We construct an asymmetri c duopolistic R&D and production behavior model subject to knowledge spillovers. This model is an extension to the symmetric model of d'Aspremont and Jacquemin (A&J (1988)) and aims to determine the cooperative and non-cooperative R&D strategies for two agents of...
Persistent link: https://www.econbiz.de/10009781563
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Asymmetric innovation agreements under environmental regulation
Aoyama, Naoto; Silva, Emilson C. D. - 2017
domestic welfare. We consider the potential implementation of three innovation agreements: cooperative research joint venture …
Persistent link: https://www.econbiz.de/10011761649
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The impact of R&D cooperations on drug variety offered on the market : evidence from the pharmaceutical industry
Banerjee, Tannista; Siebert, Ralph - 2014
Our study puts special attention to the fact that R&D cooperations in the pharmaceutical industry are formed at different stages throughout the drug development process. We study if the timing to engage in R&D cooperations in the pharmaceutical industry has different impacts on the technology...
Persistent link: https://www.econbiz.de/10010229875
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Cross-ownership, R&D spillovers, and antitrust policy
López, Angel L.; Vives, Xavier - 2016
demand and of the innovation function, and with the extent of spillover effects. In terms of consumer surplus standard, the …
Persistent link: https://www.econbiz.de/10011482905
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Innovation and spillovers : evidence from European regions
Bottazzi, Laura; Peri, Giovanni - 2000
The importance of innovation for the economic performance of industrialized countries has been largely stressed … innovation, is the key parameter in determining sustained growth in a model with endogenous technological change. This paper … takles the extremely important task of identifying and estimating a production function of innovation for European regions …
Persistent link: https://www.econbiz.de/10009781621
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Asymmetric yardstick competition : traditional procurement versus public-private partnerships
Di Liddo, Giuseppe; Vinella, Annalisa - 2019
We investigate yardstick competition between local jurisdictions in which pure rent-seeking incumbents undertake an identical infrastructure project choosing be- tween two contractual arrangements with different financing profiles, namely traditional procurement (TP) and public-private...
Persistent link: https://www.econbiz.de/10011956309