The central purpose of this paper is to examine the incentive contract as an equilibrium phenomenon. We analyse a model of vertical differentiation in which we deal with the strategic role of the competitor's decisions in a successive duopoly. Is it better for a processor to offer an incentive...

This study applied a multi-theoretical perspective to explore factors that determine the duration of continuing supply relationships between grape processors and growers. Our empirical study employed hazard rate models with time-varying covariates, using data from supply contracts between...

This research evaluates the role of science and technology parks as locations fostering local knowledge exchange and promoting innovation. We consider that these knowledge externalities depend on firms’ internal efforts and strategies, since their capacity to understand and exploit others’...