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This paper analyses how a public institution chooses the optimal contract (cofinancing rate) in funding agricultural R&D research projects. A theoretical model is developed within a principal-agent framework taking into account the asymmetric information both players have to handle. The...
Persistent link: https://www.econbiz.de/10008642113
The paper presents an evolutionary perspective on how Agricultural Knowledge and Innovation Systems (AKIS) have adapted over time to new challenges and technological paradigm and trajectories. Starting from a conventional science-based approach and the robust empirical evidence supporting it,...
Persistent link: https://www.econbiz.de/10011142438
Purpose The purpose of this paper is to investigate the emergence of microbreweries in Italy over the last 20 years (period 1993-2014) and assess its main determinants. Design/methodology/approach The recent intense growth is expressed by the increasing number of entries in the sector actually...
Persistent link: https://www.econbiz.de/10014904095