Le present document decrit les constatations tirees d'un programme de recherche visant a souligner l'importance des competences qui decoulent des investissements dans l'actif incorporel pour le processus de croissance des entreprises. Le programme comportait deux parties. Premierement, des bases...

This paper summarizes the findings of a research program aimed at outlining the importance to the firm growth process of competencies that arise from investments in intangible assets. The program has consisted of two parts. First, longitudinal databases have provided a rich set of studies on...

This paper studies the optimal design of dynamic research contests. We introduce interim transfers, which are paid in every period while the contest is ongoing, to an otherwise standard setting. We show that a contest where: (i) the principal can stop the contest in any period, (ii) a constant...