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Lanteri, Alessandro; Carabelli, Anna - Volkswirtschaftliche Fakultät, … - 2007

Behavioural Economics’ milestones, Endowment Effect and Loss Aversion, have been recognized as ‘well documented,’ ‘robust,’ and ‘important’ even by the critics. But well documented, robust, and important what? Are these stylized facts, theoretical constructs, or psychological...

Persistent link: https://www.econbiz.de/10005790389

(Real-)options, uncertainty and comparative statics: Are Black and Scholes mistaken?

Berg, Tobias; Mölls, Sascha H.; Willershausen, Timo - 2009

The purpose of this paper is to analyze the influence of uncertainty on the value of real options while allowing for a … uncertainty does not hold, if the value of the underlying asset changes due to a Variation of the Standard deviation. Only if the … uncertainty can be retained. In all other cases, the influence becomes ambiguous. In addition, we discuss the consequences of our …

Persistent link: https://www.econbiz.de/10011558716

An empirical test of the asymmetric models on innovative activity: who invests more into R&D - the incumbent or the challenger?

Czarnitzki, Dirk; Kraft, Kornelius - 2000

The theoretical discussion concerning the question whether the incumbent or the (potential) entrant invests more into R&D has attracted considerable interest. This paper reports the results of an empirical study on this question using data of about 3500 German firms over the years 1992 to 1995....

Persistent link: https://www.econbiz.de/10010297671

Intermediation in innovation

Hoppe, Heidrun C.; Ozdenoren, Emre - 2002

The paper offers a new theoretical framework to examine the role of intermediaries between creators and potential users of new inventions. Using a model of universityindustry technology transfer, we demonstrate that technology transfer offices can provide an opportunity to economize on a...

Persistent link: https://www.econbiz.de/10010278958

An empirical test of the asymmetric models on innovative activity: who invests more into R&D - the incumbent or the challenger?

Czarnitzki, Dirk; Kraft, Kornelius - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2000

Persistent link: https://www.econbiz.de/10005097815

A simple model of university-industry research linkages and the sharing principle under uncertainty

Gander, James P. - 2017

), focusing on the sharing principle under uncertainty. The paper draws from an earlier more complicated dynamic control theory … uncertainty (randomness) and the benefits of the principle of sharing. The main focus is to show how and why the principle of … sharing under uncertainty benefits all entities involved in the technical knowledge production and transfer process, even if …

Persistent link: https://www.econbiz.de/10011882747