Showing 1 - 7 of 7
In the past decades the role of profit sharing schemes (PSS) as a way to foster innovation in a principal-agent context …, and more generally of innovation in economic growth, have been widely acknowledged and studied. However, surprisingly … innovation in a pure knowledge economy: a 'patent box' incentive and a tax incentive on compensation earned by agents as PSS. A …
Persistent link: https://www.econbiz.de/10011183322
This paper analyzes whether firms conducting internal R&D and acquiring external high-tech equipment experience a complementarity effect. For German CIS data we conduct a complete set of indirect and direct complementarity tests refining the analysis by looking at various types of innovations...
Persistent link: https://www.econbiz.de/10010934890
Cooperation can benefit and hurt firms at the same time. An important question then is: when is it better to cooperate. And how can an appropriate partner be selected? In this paper we present a model of inter-firm cooperation driven by cognitive distance, appropriability conditions and external...
Persistent link: https://www.econbiz.de/10010583160
We experimentally investigate competition in innovation in a patent race scenario. Pairs of subjects compete as seller … firms on a duopoly market, engaging in risky search investments. Successful innovation is rewarded through temporary …
Persistent link: https://www.econbiz.de/10005090501
ensuing innovation race, firms interact through information spillovers resulting from the imperfect appropriability of … behavioural regularities of agents who are engaged in innovation activities. As a key element we test to what extend relative … economic performance exercises a stimulating effect on the implementation of innovation and imitation strategies. …
Persistent link: https://www.econbiz.de/10005105649
For given product specifications by two competing firms the demand levels are determined by a randomly generated ideal composition of aspects. Firms can vary some or all aspects of these products, based on information about own (and other's) previous demand. Although the product space is much...
Persistent link: https://www.econbiz.de/10005739730
This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with … intensity of cooperation and innovation. Within different knowledge regimes, we examine the structure of networks that emerge …
Persistent link: https://www.econbiz.de/10010660259