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We consider a model of innovation that distinguishes between ideas and innovations. While innovation responds to … incentives, ideas are a scarce resource that provide an exogenous constraint on the rate of innovation. We investigate how the … optimal reward structure is shaped by the scarcity of ideas. Substitute ideas for innovation in the model arrive to random …
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We investigate optimal rewards in an R&D model where substitute ideas for innovation arrive to random recipients at …
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analysis of the mechanism by which pools discourage innovation indicates that this decline is driven by technologies for which …
Persistent link: https://www.econbiz.de/10013067064
. Inter alia, the new Directive introduces a new procedure called the innovation partnership. The availability of the new ….This is because the innovation partnership has a potential to enable a contracting authority to procure complex contracts with … more than one type of subject matter regarding development of innovation and its delivery. On the one hand, the innovation …
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This paper explores the foundational concept of dignity to inform the processes of social innovation …
Persistent link: https://www.econbiz.de/10012838372
The Medical Innovation Bill continues its journey through Parliament. On 23 January 2015, it was debated for the final … innovation in medical treatment. Although this goal is laudable, it is argued that the Bill is unnecessary and has the potential … to undermine the very cause it aims to advance. More useful for encouraging responsible innovation is the continued …
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