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competition and characterising the sector to identify the perception of business people about innovation, cooperative agreements …
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This paper builds on Rosen (1981) and Hvide (2002) to provide a simple framework that elucidates the nature of incentives in the tournaments among top executives in both the external managerial labor market for the top executive positions in other companies and within the executives' own firm...
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Individuals and firms can improve their performance through collaboration and competition. However, it is still an open … question how collaboration and competition schemes can be optimally designed and incentivized in order to exploit their full … dissertation under supervision of Prof. Dietmar Harhoff, Ph.D. at the Max Planck Institute for Innovation and Competition, the LMU …
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We model and empirically assess industry tournament incentives for CEOs. The measures we develop for the tournament prize derive from the compensation gap between the CEO at her firm and the highest-paid CEO among similar competing firms. The model predicts that firm performance and risk...
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