Friedrici, Karola; Hakenes, Hendrik - Wirtschaftswissenschaftliche Fakultät, Leibniz … - 2011
Research can be carried out in academia, or in the private sector, or as a mixture, for example as privately funded … value of a research project from the private sector into academia, in an incentive compatible way. PRF dominates neither … pure academia nor private research. We derive predictions about the optimal sequence of research designs, and about the …