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of public and private sponsorship, and explain why this makes sense in some circumstances …
Persistent link: https://www.econbiz.de/10013218398
In this paper I provide a theory for brand-protection strategies to reduce counterfeiting under weak intellectual property rights. My theoretical framework has general implications for endogenous sunk cost investments as a means of deterring counterfeiters. My model incorporates two layers of...
Persistent link: https://www.econbiz.de/10013066603
We survey the economic literature, both theoretical and empirical, on the choice of intellectual property protection by firms. Our focus is on the tradeoffs between using patents and disclosing versus the use of secrecy, although we also look briefly at the use of other means of formal...
Persistent link: https://www.econbiz.de/10013066272
To prepare for the 2008 Olympic Games, China adopted a number of radical measures to improve air quality. Using …
Persistent link: https://www.econbiz.de/10013127978
pharmaceutical trade data from 1996 to 2005, we examine the role of China and India as suppliers of medicines to other middle- and … medicines from high- income countries. We find that imports of antibiotics and unspecified medicaments from India and China … China are not only important sources of inexpensive medicines but also have an indirect effect by lowering prices through …
Persistent link: https://www.econbiz.de/10013067622
This paper documents the major transformation of higher education that has been underway in China since 1999 and … evaluates its potential global impacts. Reflecting China's commitment to continued high growth through quality upgrading and the … China has been grown at approximately 30% per year since 1999, and the number of graduates at all levels of higher education …
Persistent link: https://www.econbiz.de/10012772384
in China in the years around the privatizations of state-owned enterprises (SOEs). Innovation increases after SOE …
Persistent link: https://www.econbiz.de/10012982038
This paper examines a model in which advertisers bid for "sponsored-link" positions on a search engine. The value advertisers derive from each position is endogenized as coming from sales to a population of consumers who make rational inferences about firm qualities and search optimally....
Persistent link: https://www.econbiz.de/10013151363
How can charities solicit high-capacity donors to provide the funds for matching grants and leadership gifts? In conjunction with one of Texas A&M University's fundraising organizations, we conducted a field experiment to study whether high-income donors respond to non-personal solicitations, as...
Persistent link: https://www.econbiz.de/10012907450
We develop a dynamic portfolio-choice model with illiquid alternative assets to analyze conditions under which the “Endowment Model,” used by some large institutional investors such as university endowments, does or does not work. The alternative asset has a lock-up, but can be voluntarily...
Persistent link: https://www.econbiz.de/10012892568