This paper studies the relationship between optimal prizes and scarcity of ideas in innovation contests. We consider a … model where both ideas and effort are integral parts of the innovation process. Contest participants are privately informed …

products, used in the secondary and tertiary industrial sectors. The second part of the article defines the behavioral research … biomass in the framework of the economic model of transition to the bioeconomy. The conclusions of our research are in line … development of the producers is a direct consequence of the association of a number of factors such as innovation and technology …