Dostie, Benoit; Jayaraman, Rajshri - 2009
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Keywords: process innovation, managerial incentives, efficiency, natural experiment
Corresponding author … efiort, which is thought to spur innovation, is however
non …-contractibleandonceagencyconsiderationsaretakenintoaccounttheefiect
of adversity on innovation becomes ambiguous.
The reason for this, in the theoretical agency literature, is as follows.2 …