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breadth, and in Section IV we turn to the special problems that arise when innovation is cumulative. In Section V, we …
Persistent link: https://www.econbiz.de/10010537982
higher rewards where "ideas are scarce." We then explore how rewards should be structured when the value of an innovation … comes from its applications, and ideas for the innovation may be more or less scarce than ideas for the applications. …
Persistent link: https://www.econbiz.de/10010537988
higher rewards where "ideas are scarce." We then explore how rewards should be structured when the value of an innovation … comes from its applications, and ideas for the innovation may be more or less scarce than ideas for the applications. …
Persistent link: https://www.econbiz.de/10010538426
We investigate optimal rewards in an R&D model where substitute ideas for innovation arrive to random recipients at …
Persistent link: https://www.econbiz.de/10010843455