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Today the importance of networks between actors and institutions is growing. There are several benefits that these networks can create, from the greater dissemination of information through sharing of resources to access to specialized assets. Networks facilitate the sharing of best-practice and...
Persistent link: https://www.econbiz.de/10005623477
A principal wants two sequential tasks to be performed by wealth-constrained agents. When the tasks are conflicting (i.e., when a first-stage success makes second-stage effort less effective), the principal's profit-maximizing way to induce high efforts is to hire one agent to perform both...
Persistent link: https://www.econbiz.de/10009650662
Bidders in procurement auctions often face avoidable fixed costs. This can make bidding decisions complex and risky, and market outcomes volatile. If bidders deviate from risk neutral best responses, either due to faulty optimization or risk attitudes, then equilibrium predictions can perform...
Persistent link: https://www.econbiz.de/10009211215
achievability of synergies. We show that if the experts who advise the owners considering forming an R&D joint venture are also … responsible for R&D efforts, they can have incentives to withhold information about the extent of those synergies. Owners …
Persistent link: https://www.econbiz.de/10009295282
The issue of cross-border bank mergers and acquisitions efficiency is considered. The effect of synergy gains on the …
Persistent link: https://www.econbiz.de/10009004211
produce extra damages or synergies. Other examples occur in Agriculture, Zootechnics and so on. When it is necessary to …
Persistent link: https://www.econbiz.de/10009370825
The paper focuses on empirical analysis of major factors that determine innovation activities of Russian manufacturing … innovation activity of a firm, including structural characteristics (size, industry, etc.), competitive environment (intensity of … competition and type of main competitors), changes in financial position of a firm, it's pre-crisis performance and innovation …
Persistent link: https://www.econbiz.de/10013082604
In recent years the Russian innovation policy has made a significant progress that manifests in developing its ‘tool … kit', increasing resource base, etc. However it has not yet succeeded in improving business innovation activities that … Russian industrial enterprises the authors analyze key features of innovation in Russian companies under economic recovery, as …
Persistent link: https://www.econbiz.de/10013083716
innovation in a dynamic game to quantify merger efficiency. Merger efficiency from learning-by-doing is then disentangled from … both the effects of innovation and market power. The results show that the primary benefits from the Boeing … innovation predicts a consumer loss of approximately $20 billion. These results show that ignoring dynamic effects can lead to …
Persistent link: https://www.econbiz.de/10011210852
research organization of this sector with concentration of national research potential The innovation system is operating below … its potential, whether measured by the system’s inputs, outputs, or by the contribution of innovation to economic growth … terms of innovations and excellence in business factors and 92nd under the innovation development indicator. This is not …
Persistent link: https://www.econbiz.de/10011212221