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Long-Term Relationships : Static Gains and Dynamic Inefficiencies

Hémous, David - 2015

producers can switch suppliers and start cooperation immediately with new suppliers. Every period, one supplier has the … contractible or when we preclude cooperation in long-term relationships, (ii) the rate of innovation in the cooperative equilibrium …) cooperation may reduce welfare. Next, we assume that the frontier technology diffuses slowly to suppliers (instead of after one …

Persistent link: https://www.econbiz.de/10013027012

A case study in innovation policymaking : standard contracts as a tool to improve university-industry collaboration

George, A.J.; Tarr, Julie-Anne - In: Journal of science and technology policy management : JSTPM 15 (2024) 5, pp. 1085-1109

Persistent link: https://www.econbiz.de/10015056248

Contract, Uncertainty and Innovation

Gilson, Ronald J. - 2014

Contract today increasingly links entrepreneurial innovations to the efforts and finance necessary to transform ideas into value. In this Chapter, we describe the match between a form of contract that "braids" formal and informal contractual elements in novel ways and the process by which...

Persistent link: https://www.econbiz.de/10013069012

Collaboration, Innovation, and Contract Design

Jennejohn, Matthew - 2009

The rise of the network as a form of economic organization renders problematic our standard understanding of how capitalism is governed. As the governance of production shifts from vertical integration to horizontal contract, a puzzle arises: how do contracts, presumed to be susceptible to...

Persistent link: https://www.econbiz.de/10012721209

Improving Contract Quality : Modularity, Technology, and Innovation in Contract Design

Triantis, George G. - 2014

The combination of cost-cutting pressures and technology advances are triggering a major transformation of the core practices of business law. Developments in automated contract drafting and management have spurred the entry of low-cost competition, beginning with the production of standardized...

Persistent link: https://www.econbiz.de/10014154993

Governing Innovative Collaboration : A New Theory of Contract

Jennejohn, Matthew - 2013

Herein I outline an alternative theory of contract and contract enforcement. This theory is based upon two claims, one positive and one normative. The first claim is that incomplete contracting theory fails to explain how economic actors govern production in the new economy. Theories of...

Persistent link: https://www.econbiz.de/10014055299