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Board Gender Diversity and Buyer-Supplier Relationships

Aral, Karca D.; Giambona, Erasmo; Lopez A., Ricardo; … - 2024

Supply chain strategy is one of the main prerogatives of a corporate board. How does corporate board diversity affect buyer-supplier relationships? Following a requirement for California firms to increase board gender diversity, affected buyers consolidated their supply base by reducing...

Persistent link: https://www.econbiz.de/10015214538

The Cointegration Relationship between Patent, Domestic Investment and Economic Growth in United States of America

Othmani, Abdelhafidh; Ben Yedder, Nadia; Bakari, Sayef - 2023

This empirical paper searched the three way-linkage between patent, domestic investment, and economic growth in the … relationship between the three variables in the long run. However, we found that domestic investment and economic growth cause … patent in the short run. which explains why patents are not a source of economic growth and domestic investment in America …

Persistent link: https://www.econbiz.de/10015270528

Compound Real Option Valuation with Phase-Specific Volatility: a Multi-phase Mobile Payments Case Study

Cassimon, Danny; Engelen, Peter-Jan; Yordanov, Vilimir - 2011

Multi-staged R&D projects are copy-book cases of compound real options. Traditional compound option models assume a constant volatility over the lifetime of the project. Building on the n-fold compound option model of Cassimon et al. (2004), we extend this model to allow for phase-specific...

Persistent link: https://www.econbiz.de/10015236642

Smoothing Algorithms by Constrained Maximum Likelihood

Yang, Bill Huajian - 2017

In the process of loan pricing, stress testing, capital allocation, modeling of PD term structure, and IFRS9 expected credit loss estimation, it is widely expected that higher risk grades carry higher default risks, and that an entity is more likely to migrate to a closer non-default rating than...

Persistent link: https://www.econbiz.de/10015256530

Winner-take-all, take-most or pay-some? Optimal protection of innovation in a dynamic model of product development

Billette de Villemeur, Etienne; Ruble, Richard; … - 2017

In a model of investment in product development in duopoly we study the implications of different costs of innovating …

Persistent link: https://www.econbiz.de/10015257669

Dynamic competition and intellectual property rights in a model of product development

Billette de Villemeur, Etienne; Ruble, Richard; … - 2017

We study innovation timing and socially optimal intellectual property rights (IPRs) when firms facing market uncertainty invest strategically in product development. If demand growth and volatility are high, attrition occurs and IPRs should ensure the cost of imitation attains a lower bound we...

Persistent link: https://www.econbiz.de/10015259942

Dynamic competition and intellectual property rights in a model of product development

Billette de Villemeur, Etienne; Ruble, Richard; … - 2017

Persistent link: https://www.econbiz.de/10015261130

Dynamic competition and intellectual property rights in a model of product development

Billette de Villemeur, Etienne; Ruble, Richard; … - 2017

Persistent link: https://www.econbiz.de/10015262233

Innovation and imitation incentives in dynamic duopoly

Billette de Villemeur, Etienne; Ruble, Richard; … - 2014

likelier when demand uncertainty is high. Industry value is maximized when firms seek neither to race nor to delay investment …

Persistent link: https://www.econbiz.de/10015244633

On the timing of innovation and imitation

Billette de Villemeur, Etienne; Ruble, Richard; … - 2015

When fixed costs of innovation and imitation differ, strategic competition between duopolists involves either preemption or attrition, the latter being likelier with high uncertainty. We show that industry value is maximized when firms neither stall nor hasten entry, whereas social welfare has...

Persistent link: https://www.econbiz.de/10015250610