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We examine how collaborator loss affects knowledge workers in corporate R&D. We argue that such a loss affects the remaining collaborators not only by reducing their team-specific capital (as argued in the prior literature) but also by increasing their bargaining power over the employer, who is...
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, economic, and academic actors contribute to the creation and establishing of new fields of innovation. To this end, we will … compare two prominent cases in current innovation policy: biotechnology (specifically, genetic engineering) and the electric … of the innovation process must be extended. At this point, we cannot present final conclusions, since there is still a …
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Because China has become one of the largest applicants of PCT patents, it is of interest to compare the quality of Chinese and non-Chinese applications. We extend a quality index based on internationally comparable citation data from international search reports (ISR) to consider foreign,...
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The concept of Open Innovation (OI) has breathed new life into both empirical research and industry practice concerned … stories. A unbalanced focus on successes leads to open innovation imperatives and the conclusion that, for most firms … relationships between innovation openness and its effects on project abandonment and delays. Using survey data from Belgium, we find …
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The pattern of financial linkages is important in many areas of banking and finance. Yet bilateral linkages are often unknown, and maximum entropy serves as the leading method for estimating unobserved counterparty exposures. This paper proposes an efficient alternative that combines...
Persistent link: https://www.econbiz.de/10010249740
When banks choose similar investment strategies, the financial system becomes vulnerable to common shocks. Banks decide about their investment strategy ex-ante based on a private belief about the state of the world and a social belief formed from observing the actions of peers. When the social...
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