Acemoglu, Daron; Antràs, Pol; Helpman, Elhanan - In: American Economic Review 97 (2007) 3, pp. 916-943
We develop a tractable framework for the analysis of the relationship between contractual incompleteness, technological complementarities, and technology adoption. In our model, a firm chooses its technology and investment levels in contractible activities by suppliers of intermediate inputs....
