Similar Search Results

Financial constraints and innovation: Why poor countries don't catchup

Gorodnichenko, Yuriy; Schnitzer, Monika - 2010

and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation … export and innovation activities to become substitutes although they are generally natural complements. …

Persistent link: https://www.econbiz.de/10010333877

Standards, Innovation Incentives, and the Formation of Patent Pools

Schmidt, Klaus M. - 2010

Technological standards give rise to a complements problem that affects pricing and innovation incentives of technology …

Persistent link: https://www.econbiz.de/10010333897

Collusion through Joint R&D: An Empirical Assessment

Duso, Tomaso; Röller, Lars-Hendrik; Seldeslachts, Jo - 2010

This paper tests whether upstream R&D cooperation leads to downstream collusion. We consider an oligopolistic setting where firms enter in research joint ventures (RJVs) to lower production costs or coordinate on collusion in the product market. We show that a sufficient condition for...

Persistent link: https://www.econbiz.de/10010333781

Innovation Contests with Entry Auction

Giebe, Thomas - 2010

We consider procurement of an innovation from heterogeneous sellers. Innovations are random but depend on unobservable … admission to an innovation contest. After the contest, an innovation is procured employing either a fixed prize or a first …

Persistent link: https://www.econbiz.de/10010334102

On Competition and the Strategic Management of Intellectual Property in Oligopoly

Jansen, Jos - 2010

An innovative firm with private information about its indivisible process innovation chooses strategically whether to … the size of the innovation, and affects the incentives in the product market. A Cournot competitor tends to patent big … substitutability increases the incentives to patent the innovation. …

Persistent link: https://www.econbiz.de/10010334114

Overconfidence and Managers' Responsibility Hoarding

Nieken, Petra; Sadrieh, Abdolkarim; Zhou, Nannan - 2011

Overconfidence is a well-established behavioral phenomenon that involves an overestimation of own capabilities. We introduce a model, in which managers and agents exert effort in a joint production, after the manager decides on the allocation of the tasks. A rational manager tends to delegate...

Persistent link: https://www.econbiz.de/10010334132

Prizes and Lemons: Procurement of Innovation under Imperfect Commitment

Ding, Wei; Wolfstetter, Elmar G. - 2009

The literature on R&D contests implicitly assumes that contestants submit their innovation regardless of its value …

Persistent link: https://www.econbiz.de/10010333799

Auctioning Process Innovations when Losers' Bids Determine Royalty Rates

Fan, Cuihong; Jun, Byoung Heon; Wolfstetter, Elmar G. - 2009

We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to those who lose the auction. Firms' bids are dual signals of their cost reductions: the winning bid signals the own cost reduction to rival oligopolists, whereas the losing bid...

Persistent link: https://www.econbiz.de/10010333873

Licensing a common value innovation when signaling strength may backfire

Fan, Cuihong; Jun, Byoung Heon; Wolfstetter, Elmar G. - 2010

This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing …

Persistent link: https://www.econbiz.de/10010334125

Innovation strategies and stock price informativeness

Ding, Haina - 2015

This paper models the interactions among technological innovation, product market competition and information leakage …

Persistent link: https://www.econbiz.de/10010520624