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In the past decades the role of profit sharing schemes (PSS) as a way to foster innovation in a principal-agent context …, and more generally of innovation in economic growth, have been widely acknowledged and studied. However, surprisingly … innovation in a pure knowledge economy: a "patent box" incentive and a tax incentive on compensation earned by agents as PSS. A …
Persistent link: https://www.econbiz.de/10010483411
The August 15th 2013 Shanghai Academic Rankings of World Universities (ARWU) should leave policy makers wondering about whether the impressive growth experienced by 'latecomers in the industry' has moved hand-in-hand with contribution to knowledge by means of scientific publications. Against...
Persistent link: https://www.econbiz.de/10011409943
Using Kauffman, Kraay, and Mastruzzi governance indicators, this article analyzes the impact of formal institutions on the knowledge economy- by assessing how the enforcement of Intellectual Property Rights (IPRs) through good governance mechanisms affects the knowledge economy. The article also...
Persistent link: https://www.econbiz.de/10010212508
We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to those who lose the auction. Firms' bids are dual signals of their cost reductions: the winning bid signals the own cost reduction to rival oligopolists, whereas the losing bid...
Persistent link: https://www.econbiz.de/10003935644
This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing …
Persistent link: https://www.econbiz.de/10003935649
A strong innovation performance based on R&D, product development and the implementation of advanced production … offshoring on R&D and innovation activities of the firm in the home country. The analysis is based on a dataset of more than 3000 … manufacturing firms from seven European countries. We employ propensity score matching to compare R&D and innovation activities of …
Persistent link: https://www.econbiz.de/10011392629
Persistent link: https://www.econbiz.de/10011289200
This paper uses a new tailor-made data set to investigate for the first time the links between innovation activities …
Persistent link: https://www.econbiz.de/10011298737
This paper investigates the impact of the financial crisis on investment decisions in innovative versus non-innovative firms. Firms are defined as being innovative if they have introduced a new product to the market. The empirical test is based on data for the years before and after the recent...
Persistent link: https://www.econbiz.de/10011339805
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