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&D investment, and derive predictions on the effects of trust and competition on suppliers' investment and buyers' procurement … - but also with more competitive procurement: trust and rents from reduced supplier competition in the procurement process …
Persistent link: https://www.econbiz.de/10010485523
This paper analyzes the design of innovation contests when the quality of an innovation depends on the research approach of the supplier, but the best approach is unknown. Diversity of approaches is desirable because it generates an option value. In our main model with two suppliers, the buyer...
Persistent link: https://www.econbiz.de/10011410264
We analyze wartime prosthetic device patents to investigate how demand and procurement policy can shape medical … more cost-conscious procurement model during the Civil War. Third, we find that inventors emphasized dimensions of product … historical record, across wars. We conclude that procurement environments can significantly shape the scientific problems with …
Persistent link: https://www.econbiz.de/10012388245
This paper analyzes the design of innovation contests when the quality of an innovation depends on the research approach, but the best approach is unknown. Inducing a variety of research approaches is desirable because it generates an option value. We show that suitable contests can induce such...
Persistent link: https://www.econbiz.de/10011667487
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Purpose: The article focuses on supply capability creation (SCC) within the new product development (NPD). The purpose is to establish an SCC process describing the main SCC activities and milestone criteria in preparing the supply process for new products. Design/methodology/approach: The...
Persistent link: https://www.econbiz.de/10011920215
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This paper analyzes the design of innovation contests when the quality of an innovation depends on the research approach, but the best approach is unknown. Inducing a variety of research approaches generates an option value. We show that suitable contests can induce such variety. The...
Persistent link: https://www.econbiz.de/10011993710