The current analysis introduces human capital investments which - as all other investment projects - must be carried out given ex-ante uncertain returns. This return uncertainty reflects that particular ex-post ability realizations may or may not induce the possibility to engage in profitable...

"The current study investigates a tripartite incentive contract between an innovator supplying an intellectual asset, a professional assigned to productive tasks, and a consulting firm specializing in matching ideas and professional skills. A rather simple pure tripartite partnership implements...

We draw on a new and comprehensive dataset that collects the research output of business economists employed by Austrian, German and Swiss universities. We compute research rankings of departments and identify the leading departments in selected subdisciplines. Moreover, we investigate how...

Dem Plan des Bundesministeriums für Bildung und Forschung bis zu zehn "Spitzenuniversitäten" zu fördern, um den Wissenschaftsstandort Deutschland nachhaltig zu stärken, steht Prof. Dr. Gerd Grözinger, Universität Flensburg, eher skeptisch gegenüber. Für ihn wäre es wichtiger, die...