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Optimal allocation of ownership rights in dynamic R&D alliances
Rosenkranz, Stephanie; Schmitz, Patrick W. - In: Games and economic behavior 43 (2003) 1, pp. 153-173
Persistent link: https://www.econbiz.de/10001759617
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Optimal Allocation of Ownership Rights in Dynamic R&D Alliances
Rosenkranz, Stephanie; Schmitz, Patrick W. - 2015
We explore the dynamic evolution of property rights regimes in R&D alliances using the incomplete contract approach pioneered by Grossman, Hart and Moore. In contrast to the standard analysis, the productive asset is an excludable public good such as a patent. Moreover, both firms can decide...
Persistent link: https://www.econbiz.de/10014222498
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Optimal Allocation of Ownership Rights in Dynamic R&D Alliances
Rosenkranz, Stephanie; Schmitz, Patrick W. - 2003
We explore the dynamic evolution of property rights regimes in R&D alliances using the incomplete contract approach pioneered by Grossman, Hart and Moore. In contrast to the standard analysis, the productive asset is an excludable public good such as a patent. Moreover, both firms can decide...
Persistent link: https://www.econbiz.de/10014101917
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Optimal allocation of ownership rights in dynamic R & D alliances
Rosenkranz, Stephanie - 2001
Persistent link: https://www.econbiz.de/10013423308
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Joint ownership and the hold-up problem under asymmetric information
Schmitz, Patrick W. - In: Economics letters 99 (2008) 3, pp. 577-580
Persistent link: https://www.econbiz.de/10003726269
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Joint ownership and the hold-up problem under asymmetric information
Schmitz, Patrick W. - 2007
Persistent link: https://www.econbiz.de/10003548033
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Investments in physical capital, relationship-specificity, and the property rights approach
Schmitz, Patrick W. - In: Economics letters 119 (2013) 3, pp. 336-339
Persistent link: https://www.econbiz.de/10009757559
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The Coase theorem, private information and the benefits of not assigning property rights
Schmitz, Patrick W. - In: European journal of law and economics 11 (2001) 1, pp. 23-28
Persistent link: https://www.econbiz.de/10001614388
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On the optimality of outsourcing when vertical integration can mitigate information asymmetries
Schmitz, Patrick W. - In: Economics letters 202 (2021), pp. 1-5
Persistent link: https://www.econbiz.de/10012607205
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Moral hazard and the property rights approach to the theory of the firm
Schmitz, Patrick W. - In: Economics letters 186 (2020), pp. 1-4
Persistent link: https://www.econbiz.de/10012503648