At present companies are trying hard to reduce productive assets by reducing general expenses and increasing flexibility toward what they call “lean productionâ€. For this reason they are hiring specialized companies under long term agreements in order to supply parts, operations, and...

Food and Beverage companies need to share their Intellectual Property (IP) when they outsource production and/or R&D to contract agents. IP sharing can facilitate misappropriation and the contractor may eventually start competing with the client. We design an incentive compatible contract that...