Gambardella, Alfonso; Panico, Claudio - KITeS, Centre for Knowledge, Internationalization and … - 2009
Knowledge-intensive activities are bound by imperfections that limit the provision of incentives, particularly … is that a fine-tuned allocation of decision rights reduces the information rents of a knowledge provider by offsetting … the provider's knowledge, the delegation of decision rights can fully resolve the limitations due to asymmetric …