This paper explores a common form of Corporate Social Responsibility practiced by firms, where firms link the sales of private goods to charitable contributions. We build a model to explore the profitability of a market for such “linked” goods when the purchase of the private good allows the...

This paper builds a theoretical model to address evidence on labor mobility patterns in high-technology firms engaged in R&D. Worker turnover in these industries enables the efficient transfer of R&D knowledge across firms in a production environment characterized by volatile returns to R&D...

type="main" <p>In this paper, we study the determinants of patent quality and volume of patent applications when inventors care about perceived patent quality. We analyze the effects of various policy reforms, specifically, a proposal to establish a two-tiered patent system. In the two-tiered...</p>

This paper provides a theoretical model for analyzing the behavior of peer-reviewed journals. It finds that, apart from natural human errors, inefficiencies arise purely for reasons of inter-journal strategic behavior. Specifically, as a result of competition, journals tend to set their quality...

To determine patentability, inventions are evaluated in light of existing prior art. Innovators have a duty to disclose any prior art that they are aware of, but have no obligation to search. We study innovators' incentives to search for prior art, their search intensities and the timing of...