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When and how do entrepreneurs sell their inventions? To address this issue, we develop an endogenous entry-sale asymmetric information oligopoly model. We show that lowquality inventions are sold directly or used for own entry. Inventors who sell post-entry use entry to credibly reveal...
Persistent link: https://www.econbiz.de/10011742388
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When and how do entrepreneurs sell their inventions? To address this issue, we develop an endogenous entry-sale asymmetric information oligopoly model. We show that lowquality inventions are sold directly or used for entry. Inventors who sell post-entry use entry to credibly reveal information...
Persistent link: https://www.econbiz.de/10012830529
Persistent link: https://www.econbiz.de/10003632106
Persistent link: https://www.econbiz.de/10003388904
original invention until a substantial increase in the rate of productivity growth can be observed. There is also strong …This study consists of an examination of productivity growth following three major technological breakthroughs: the … persuasive direct evidence that the steam engine producing industry and electric machinery had particularly high productivity …
Persistent link: https://www.econbiz.de/10014049339
This paper addresses the relationship between productivity in the retail sector and market size. In the paper, the … individuals working in the retail sector is used as a proxy for productivity. In order to capture urban-periphery interaction in …
Persistent link: https://www.econbiz.de/10011531180
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