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Informationen gewinnen als betriebliche Ressource eine immer größer werdende Bedeutung. Daraus ergibt sich für das Management einer Organisation die Herausforderung, organisationale Strukturen zu gestalten, die dieser zunehmenden Bedeutung Rechnung tragen, um somit diese Ressource erfolgreich...
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We study optimal contracts when R\&D is outsourced to another company. We find that, when a realistic assumption holds, the optimal contract always leads in equilibrium to the lowest acceptable chance of having a successful technical innovation, given announced compensations. This assumption is...
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On a very abstract level, an information system consists of a set of system elements which communicate with each other. Communication is an unproductive operation, so the time needed to communicate data should be kept as short as possible and, to put it in monetary terms, the opportunity costs...
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