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We present a dynamic model in which an employee of a firm searches for business projects in a changing environment. It is costly to induce the employee who found a successful project in the past period to search for a new project. Past success can therefore result in profitreducing corporate...
Persistent link: https://www.econbiz.de/10008695543
We develop a theory of commercialization mode (entry or sale) of entrepreneurial inventions into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Moreover, preemptive...
Persistent link: https://www.econbiz.de/10003843246
In Chapter 2 we saw that the most economical locations for transactions in a task network are the so-called thin crossing points—places where transfers are easy to define, count and pay for. However, in many places in the task network, transfers of material, energy, and information are so...
Persistent link: https://www.econbiz.de/10012511226
Functional analysis as set forth in the last chapter decomposes a technical system into functional components that do things to advance the system’s purpose and the goals of its designers. Functional analysis in turn can be used to construct value structure maps of technical systems. Such maps...
Persistent link: https://www.econbiz.de/10012511283
In this paper we propose a novel sectoral taxonomy integrating three different attributes of sectors, namely i) the strategic dimension reflected into their belonging to different classes of the Pavitt taxonomy, ii) the capacity to create jobs both internally and externally with respect to their...
Persistent link: https://www.econbiz.de/10013363016
has ignored possible dynamic effects: e.g., anticipating that team formation is based on prior performance will affect … prior performance. We test this hypothesis in a lab experiment with two stages of a real effort task. Participants first … performance. Our results are consistent with a simple investment-cum-matching model: pairing the worst performing individuals with …
Persistent link: https://www.econbiz.de/10011594146
In the context of technological change, the influence of innovative entrants on incumbents is considered a major driving force. Using global patent data, we analyze this influence for the case of the transition from combustion engine vehicles towards alternative technology vehicles (ATVs)....
Persistent link: https://www.econbiz.de/10011620610
The topic of this note is issues related to R&D expenditures leading to improved technologies for reducing environmentally harmful emissions. The focus is on he following questions: Will a market economy where environmental policies are restricted to taxes or quotas give the socially efficient...
Persistent link: https://www.econbiz.de/10008655548
The performance of market based environmental regulation is affected by patents and vice versa. This interaction is …
Persistent link: https://www.econbiz.de/10003379131
This paper presents an examination of the socially efficient formation of environmental R&D in Cournot duopoly in a setting where a regulator has no precommitment ability for an emission tax. The results reveal that if the environmental damage is slight, alternatively, given severe environmental...
Persistent link: https://www.econbiz.de/10010344318