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in alliance networks influences the ex-ante allocation of value capturing rights in high-tech alliance contracts. Network …&D collaboration contracts between biotech and pharmaceutical firms and show that as the prominence of the client (i.e., pharmaceutical … client captures in an alliance contract. The bargaining power that the R&D firm attains from its prominent position in …
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competition, the availability of exclusive contracts and two-part tariffs, and the presence of hold-up in negotiations …
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one of such policies, i.e. the network contract. Network Contracts are an innovative policy introduced in Italy with Law 9 … mergers. Network contracts are meant to increase economic efficiency for all firms involved in the contract. The paper employs … network contract tend to outperform firms that do not, and (ii.) network contracts whose members agree to commit more effort …
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private order can flourish, much like the role played by firm boundaries in the Coase-Williamson theory of the firm. This … market of highly interconnected firms — a network that itself functions as a contract governance mechanism. It then explores … the implications of these contract structures and the availability of network governance for firms’ make-or-buy decisions …
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