We present an experimental test of a procedurally fair co-determination mechanism where group members reduce their value uncertainty before submitting bids for a joint project. The results suggest a relatively efficient mechanism, with unprofitable projects being largely rejected and profitable...

The present fact sheet focuses on joint ventures (JV) and will put forward some practical and legal issues, mainly from the perspective of the ownership and exploitation of intellectual property (IP). Organisations need to anticipate and properly manage legal aspects, in order to be able to...

Spin-off also known as "spin-out" are entities intended as a separate legal entity created by a parent organisation (PO) to exploit its IP assets. They are valuable tools to transform technology into a marketable product or service, as well as to license out technology. A joint venture (JV) is a...

Cross-border transfer and the protection of knowledge are important for multinational enterprises (MNEs) to develop their network partners' capabilities while simultaneously safeguarding competitive advantages. However, they can be challenging for MNEs due to cultural and institutional...

Over the last century, the passenger airline industry has undergone a series of transformations, with Lufthansa being a key player not only in Europe, but also worldwide. This case study traces Lufthansa's development, from its origins up until its current status, and outlines its expansion by...