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that as firms gain market share, they increasingly rely on nonproductive strategies but reduce their productive, innovation …
Persistent link: https://www.econbiz.de/10012819000
This paper studies the optimal design of dynamic research contests. We introduce interim transfers, which are paid in every period while the contest is ongoing, to an otherwise standard setting. We show that a contest where: (i) the principal can stop the contest in any period, (ii) a constant...
Persistent link: https://www.econbiz.de/10012056815
combine the best aspects of innovation races and research tournaments. …
Persistent link: https://www.econbiz.de/10011663194
We theoretically and experimentally analyze the role of verifiability and privacy in strategic performance feedback using a 'one principal-two agent' context with real effort. We confirm the theoretical prediction that information transmission occurs only in verifiable feedbackmechanisms and...
Persistent link: https://www.econbiz.de/10011440134
FeedbackWe theoretically and experimentally analyze public and private feedback in teams that are characterized by different performance technologies. We consider a setting where the principal can provide truthful information on agents' performances or strategically withhold feedback. We find...
Persistent link: https://www.econbiz.de/10012060196
Historically, episodes of rapid growth are accompanied by significant structural change. In this paper we therefore aim to quantify the extent to which factor accumulation induces structural change and productivity growth in industrializing economies. To fix ideas we present an extension of...
Persistent link: https://www.econbiz.de/10010263207
This essay explores the role of the state in promoting exports and industrialization in the quest for transformation of African economies. It does this by exploring the role of trade in African economies followed by a brief look at the East Asian Developmental state. This is followed by an...
Persistent link: https://www.econbiz.de/10010287814
Purpose: We argue that the productive analyses of logistics alliances in the literature have led to a multitude of heterogeneous contributions. These should be consolidated and systematized in order to (a) synthesize the existing findings in a meaningful way and guide future research for...
Persistent link: https://www.econbiz.de/10011348245
The importance of green innovation management is growing in practice and academia likewise. To our knowledge, a recent … innovation and provide an overview of the existing body of literature in the field of green innovations identifying the most …/ecological and environmental innovation are used largely synonymously while the notion of sustainable innovation broadens the concept …
Persistent link: https://www.econbiz.de/10010308056
The aim of the paper is to provide an overview of the current stock-flow consistent (SFC) literature. Indeed, we feel the SFC approach has recently led to a blossoming literature, requiring a new summary after the work of Dos Santos (2006) and, above all, after the publication of the main...
Persistent link: https://www.econbiz.de/10010318644