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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

Joint ownership and incomplete contracts : the case of perfectly substitutable investments

Rosenkranz, Stephanie; Schmitz, Patrick W. - In: Schmalenbach business review : sbr 56 (2004) 1, pp. 72-89

Persistent link: https://www.econbiz.de/10001874791

Know-how disclosure and incomplete contracts

Rosenkranz, Stephanie; Schmitz, Patrick W. - In: Economics letters 63 (1999) 2, pp. 181-185

Persistent link: https://www.econbiz.de/10001398889

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