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Garicano, Luis - 2007

We study the impact of information and communication technology on growth through its impact on organization and innovation. Agents accumulate knowledge through two activities: innovation (discovering new technologies) and exploitation (learning how to use the current technology). Exploitation...

Persistent link: https://www.econbiz.de/10012464941

Open Source Software : The New Intellectual Property Paradigm

Maurer, Stephen M. - 2006

Open source methods for creating software rely on developers who voluntarily reveal code in the expectation that other developers will reciprocate. Open source incentives are distinct from earlier uses of intellectual property, leading to different types of inefficiencies and different biases in...

Persistent link: https://www.econbiz.de/10012466507

An Empirical Framework for Testing Theories About Complimentarity in Organizational Design

Athey, Susan - 1998

This paper studies alternative empirical strategies for estimating the effects of organization design practices on performance, as well as the factors which determine organizational design, in a cross-section of firms. Our economic model is based on a firm where multiple organizational design...

Persistent link: https://www.econbiz.de/10012472211

Credit History : The Changing Nature of Scientific Credit

Gans, Joshua S. - 2013

This paper considers the role of the allocation of scientific credit in determining the organization of science. We examine changes in that organization and the nature of credit allocation in the past half century. Our contribution is a formal model of that organizational choice that considers...

Persistent link: https://www.econbiz.de/10012459123

Reducing Greenhouse Gas Emissions by Forest Protection : The Transaction Costs of REDD

Alston, Lee J. - 2011

Understanding and minimizing the transaction costs of policy implementation are critical for reducing tropical forest losses. As the international community prepares to launch REDD+, a global initiative to reduce greenhouse gas emissions from tropical deforestation, policymakers need to pay...

Persistent link: https://www.econbiz.de/10012461901

Insider Econometrics : Empirical Studies of How Management Matters

Ichniowski, Casey - 2009

1.Why do firms in the same industry adopt different management practices? …2.Does the adoption of a new management practice raise productivity? …3.If so, why does the new management practice raise productivity? …

Persistent link: https://www.econbiz.de/10012463034

Does Corporate Governance Matter in Competitive Industries?

Giroud, Xavier - 2009

By reducing the threat of a hostile takeover, business combination (BC) laws weaken corporate governance and increase the opportunity for managerial slack. Consistent with the notion that competition mitigates managerial slack, we find that while firms in non-competitive industries experience a...

Persistent link: https://www.econbiz.de/10012463770

Optimal Decentralized Investment Management

van Binsbergen, Jules H. - 2006

benchmark substantially mitigates the utility costs of decentralized investment management. These costs can be further reduced …

Persistent link: https://www.econbiz.de/10012466511

Dynastic Management

Caselli, Francesco - 2003

Dynastic management is the inter-generational transmission of control over assets that is typical of family-owned firms …. It is pervasive around the World, but especially in developing countries. We argue that dynastic management is a … incidence of dynastic management depends on the severity of asset-market imperfections, on the economy's saving rate, and on the …

Persistent link: https://www.econbiz.de/10012469259

Time-Varying Fund Manager Skill

Kacperczyk, Marcin - 2011

Mutual fund managers can outperform the market by picking stocks or timing the market successfully. Previous work has estimated picking and timing skill, assuming that each manager is endowed with a fixed amount of each and found some evidence of picking skills and little evidence of timing...

Persistent link: https://www.econbiz.de/10012461042