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The aim of this paper is to determine how contract conditions in licensing agreements between Poland and the industrialized market-economy countries influence the long-term effects of imports of modern technology. Analysis is confined to two essential aspects of this problem. The first concerns...
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Generally speaking, the structure of Polish licensing sales seems to be inadequate to the country's level of development and existing scientific and technological infrastructre. The predominance of advanced capitalist countries as receivers of disembodied technology and the marginal share of...
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divestitures. The Dutch government has doneexactly that, organizing auctions to redistribute tenancy rights for highway … detailed price information. We find that anobligation to divest lowers prices by over 2% while the auctioning of licenses …
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This paper develops one possible argument why auctioning licenses to op-erate in an aftermarket may lead to higher … lottery ticket.li one license is auctioned, auctions select the firm that is least risk averse.This is what we call the risk …
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