Takalo, Tuomas; Kultti, Klaus - In: Homo Oeconomicus 15 (1999), pp. 341-367
In 1980 three Finnish companies established a research joint venture in order to develop semiconductors. The project was initiated when a de facto standard was on the verge of tumbling down, and it was terminated when a new standard emerged. We study the RJV in the light of the contract theory,...