Fu, Qiang; Lu, Jingfeng; Lu, Yuanzhu - In: International Journal of Industrial Organization 30 (2012) 1, pp. 67-79
This paper studies the optimal design of R&D contests. A “sponsor” (e.g. the US Department of Defense or the World … an array of R&D incentive schemes, such as the DoD's design competitions and vaccine development incentives. …