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Contractual Tradeoffs and SMEs Choice of Organizational Form, A View from U.S. and French History, 1830-2000

Lamoreaux, Naomi R.; Rosenthal, Jean-Laurent - National Bureau of Economic Research (NBER) - 2006

Today the vast majority of multi-owner firms in the United States are corporations, but that was not the case in the past. Before the advent of the income tax, tort litigation, and significant federal regulation, entrepreneurs more often than not chose to organize as partnerships, a form that...

Persistent link: https://www.econbiz.de/10005777622

The Diffusion of Science-Driven Drug Discovery: Organizational Change in Pharmaceutical Research

Cockburn, Iain M.; Henderson, Rebecca; Stern, Scott - National Bureau of Economic Research (NBER) - 1999

Recent work linking the adoption of key organizational practices to productivity raises an important question: if adoption increases productivity so dramatically, why does adoption across an industry take so long? This paper explores this question in the context of one particularly interesting...

Persistent link: https://www.econbiz.de/10005777680

What's Psychology Worth? A Field Experiment in the Consumer Credit Market

Bertrand, Marianne; Mullainathan, Sendhil; Zinman, Jonathan - National Bureau of Economic Research (NBER) - 2005

Numerous laboratory studies find that minor nuances of presentation and description change behavior in ways that are inconsistent with standard economic models. How much do these context effect matter in natural settings, when consumers make large, real decisions and have the opportunity to...

Persistent link: https://www.econbiz.de/10005778075

Do Patents Matter?: Empirical Evidence after GATT

Cockburn, Iain M.; Lanjouw, Jean O. - National Bureau of Economic Research (NBER) - 2000

Since the late 1980s the global intellectual property rights (IPR) system has been strengthening dramatically as much of the developing world introduces patent protection for new drug products. This may lead to more research on drugs to address developing country needs. As there are identifiable...

Persistent link: https://www.econbiz.de/10005778178

Does Managerial 'Outsourcing' Reduce Expense Preference Behavior? A Comparison of Adopters and Non-Adopters of Contract-Management in US Hospitals

Carey, Kathleen; Dor, Avi - National Bureau of Economic Research (NBER) - 2002

ownership is separated from control will employ an input mix that deviates from cost minimization. While this status applies to …-adoption. These are contrasted with two control groups of hospitals drawn from the same years using propensity score methods. Results … reveal allocative inefficiency among both adoption and control groups but a significantly lower change in the expense …

Persistent link: https://www.econbiz.de/10005778922

Micro-evidence on Rent Sharing from Different Perspectives

Dobbelaere, Sabien; MAIRESSE, Jacques - National Bureau of Economic Research (NBER) - 2010

This article provides evidence of rent sharing from orthogonal directions by exploiting different dimensions in the same data. Taking advantage of a rich matched employer-employee dataset for France over the period 1984-2001, we consistently compare industry differences in rent-sharing...

Persistent link: https://www.econbiz.de/10008540038

Innovation and Welfare: Results from Joint Estimation of Production and Demand Functions

Jaumandreu, Jordi; MAIRESSE, Jacques - National Bureau of Economic Research (NBER) - 2010

This paper develops a simple framework to estimate the parameters of the production function together with the elasticity of the demand for the output and the impact of demand and cost shifters. The use of this framework helps, in the first place, to treat successfully the difficult problem of...

Persistent link: https://www.econbiz.de/10008540043

The Establishment-Level Behavior of Vacancies and Hiring

Davis, Steven; Haltiwanger, John; Faberman, R. Jason - National Bureau of Economic Research (NBER) - 2010

This paper is the first to study vacancies, hires, and vacancy yields at the establishment level in the Job Openings and Labor Turnover Survey, a large sample of U.S. employers. To interpret the data, we develop a simple model that identifies the flow of new vacancies and the job-filling rate...

Persistent link: https://www.econbiz.de/10008532143

Measuring the Dynamics of Young and Small Businesses: Integrating the Employer and Nonemployer Universes

Davis, Steven; Haltiwanger, John; Jarmin, Ron S.; … - National Bureau of Economic Research (NBER) - 2007

We develop a preliminary version of an Integrated Longitudinal Business Database (ILBD) that combines administrative records and survey data for all employer and nonemployer business units in the United States. Unlike other large-scale business databases, the ILBD tracks business transitions...

Persistent link: https://www.econbiz.de/10005089046

Importation and Innovation

Lichtenberg, Frank - National Bureau of Economic Research (NBER) - 2006

Importation of drugs into the U.S. would result in a decline in U.S. drug prices. The purpose of this paper is to assess the consequences of importation for new drug development. A simple theoretical model of drug development suggests that the elasticity of innovation with respect to the...

Persistent link: https://www.econbiz.de/10005089083