This article focuses on the determinants of innovation in the defence procurement sector. Although contractual choices turn out as crucial to provide parties incentives to innovate, the complementary and strategic impact of industrial policy is emphasized in that perspective. JEL: H57, L14, L52,...

The article offers an illustration of the respective role of institutions and contracts and their interactions in the coordination process of contracting parties, drawing upon an empirical analysis of defense procurement contracts in France. The articles seeks to provide an explanation of the...

[eng] How are extra costs resulting from the occurrence of unanticipated risks allocated in a procurement setting ? This paper develops a theoretical framework combining transaction cost economics with equity theory in order to explain why parties endorse cooperative strategies, basically a...

How are extra costs resulting from the occurrence of unanticipated risks allocated in a procurement setting? This paper develops a theoretical framework combining transaction cost economics with equity theory in order to explain why parties endorse cooperative strategies, basically a 50-50...

Comment sont répartis les surcoûts qui résultent de la matérialisation de risques dans le cadre de relations contractuelles ? Nous proposons une réponse qui combine théorie des coûts de transaction et approche en termes d'équité, de manière à expliquer pourquoi des stratégies...

In recent years, academics and policy makers have emphasised the role of human capital formation in economic development. By creating human capital, countries become more attractive to private investment, both domestic and foreign. And through such investment, countries grow and prosper. Yet the...