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Digitalization is a reality that governs more and more both the society and the economy, facilitating new and more efficient ways of setting up business and business collaborations. Rational agreement routines and well thought through contracts help organizations to avoid legal disputes and thus...
Persistent link: https://www.econbiz.de/10012654471
This paper uses a panel of Swedish manufacturing firms to examine the effects of internal and external R&D on total factor productivity over the period 1991-2004. The findings give some support to the notion of complementarity between internal and external R&D, especially in industries with high...
Persistent link: https://www.econbiz.de/10013208587
We analyze the endogenous formation of R&D networks, where firms are active in different product markets and can …
Persistent link: https://www.econbiz.de/10011663182
fellowships and the market for judicial clerks) in the presence of social networks. We offer a two-stage model in which workers in …
Persistent link: https://www.econbiz.de/10010284029
-related decisions. We investigate whether firm investment in obtaining access to foreign networks impacts exports of services by … services is more sensitive to informal trade barriers, firm investment in access to foreign networks could especially help to … and significant influence of firm investment in foreign networks – through the hiring of foreign-born workers – on both …
Persistent link: https://www.econbiz.de/10012654406
In this paper we consider the interaction between local workers and migrants in the production process of a firm. Both local workers and migrants can invest effort in assimilation activities in order to increase the assimilation of the migrants into the firm and so by increase their interaction...
Persistent link: https://www.econbiz.de/10010336063
centrality measures that we construct from the probabilities of node-to-node information transmission in networks, for which we …
Persistent link: https://www.econbiz.de/10011928009
This paper studies a large class of imperfectly discriminating contests, referred to as elastic contests, that induce players to either overbid a standing bid or to abstain from bidding altogether. Many common forms of contest are elastic. In any equilibrium of an elastic contest, there is...
Persistent link: https://www.econbiz.de/10011282491
We derive a necessary and sufficient condition for the existence of equilibria with only two active players in the all-pay auction with complete information and identity-dependent externalities. This condition shows that the generic equilibrium of the standard all-pay auction is robust to the...
Persistent link: https://www.econbiz.de/10010316873
A well-known theoretical result in the contest literature is that greater heterogeneity decreases performance of contestants because of the "discouragement effect." Leveling the playing field by favoring weaker contestants through bid-caps and favorable tie-breaking rules can reduce the...
Persistent link: https://www.econbiz.de/10011796520