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This article documents the recent advances in the international trade literature toward understanding the role of multinational firms in the conduct of international commerce. Over the past 10 years, we have developed a better understanding of the incentives firms face in their choice of...
Persistent link: https://www.econbiz.de/10010822965
The present paper studies and compares different vertical integration structures on consumers and total surplus with licensing by mean of a fixed fee in two successive homogeneous-good Cournot duopolies where one of the firms in each market has a different cost-reducing innovation. The key...
Persistent link: https://www.econbiz.de/10008470468
Understanding what determines firm boundaries and the choice between interacting in a firm or a market is not only the fundamental concern of the theory of the firm, but it is also one of the most important issues in economics. Data on value added, for example, reveal that in the US,...
Persistent link: https://www.econbiz.de/10005583022
The application of Nash bargaining solution to profit division in negotiation between opencast lignite mine and power plant has been discussed. Different proposals of status quo point usage and ways of its determination for profit sharing both in strategic and tactical/operational negotiation...
Persistent link: https://www.econbiz.de/10005260247
Lignite mine and power plant can operate as two separate entities, two entities in one holding or joint venture and as the one vertically integrated energy producer. Each of these solutions has the influence on operation of this tandem including realization of its individual and joint...
Persistent link: https://www.econbiz.de/10005621675
We explore the incentives of a vertically integrated incumbent firm to license the production technology of its core …
Persistent link: https://www.econbiz.de/10012962608
We explore the incentives of a vertically integrated incumbent firm to license the production technology of its core …
Persistent link: https://www.econbiz.de/10011597751
We examine the impact of product market competition on innovation in markets for technology. An innovator makes an … investment in quality-improving innovation that can be licensed to one (targeted licensing) or all (market-wide licensing … innovation in the market for technology: at low levels of competition, market-wide licensing is optimal and competition reduces …
Persistent link: https://www.econbiz.de/10013213274
The ultimate goal of strategy scholars in alliance research is to understand how alliances contribute to firm performance. Empirical researchers face myriad questions about the causal underpinnings of firm performance and learning: How can one disentangle the influence of process and structure...
Persistent link: https://www.econbiz.de/10013023378
engage in a relation-specific investment to customize intermediate inputs upon a transfer payment by final producers. An … technology distribution is characterized by less capable suppliers …
Persistent link: https://www.econbiz.de/10013030566