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The literature on R&D contests implicitly assumes that contestants submit their innovation regardless of its value …
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We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to those who lose the auction. Firms' bids are dual signals of their cost reductions: the winning bid signals the own cost reduction to rival oligopolists, whereas the losing bid...
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This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing …
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This paper studies the impact of innovation on the organizational structure. The theoretical framework predicts that a …
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Technological standards give rise to a complements problem that affects pricing and innovation incentives of technology …
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and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation … export and innovation activities to become substitutes although they are generally natural complements. …
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