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Subsidizing research programs with "if” and "when” uncertainty in the face of severe information constraints

Besanko, David; Tong, Jian; Wu, Jason Jianjun - 2016

Persistent link: https://www.econbiz.de/10011581220

Capitalism and socialism : review of Kornai's Dynamism, rivalry, and the surplus economy

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Financing mechanisms and R&D investment

Huang, Haizhou; Xu, Chenggang - 1998

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Financial institutions and the financial crisis in East Asia

Huang, Haizhou; Xu, Chenggang - In: European economic review : EER 43 (1999) 4/6, pp. 903-914

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Soft budget constraint and the optimal choices of research and development projects financing

Huang, Haizhou - In: Journal of comparative economics : the journal of the … 26 (1998) 1, pp. 62-79

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Innovation and bureaucracy under soft and hard budget constraints

Qian, Yingyi - In: The review of economic studies 65 (1998) 1, pp. 151-164

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China's decentralized privatization and change of control rights

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Financial crisis, economic recovery and banking development in former Soviet Union economies

Marin, Dalia; Huang, Haizhou; Xu, Chenggang - 2002 - First Draft: September 2000, This Draft: September 2002

This paper provides a unified theory to explain the onset of the financial crisis in 1998 and the striking economic recovery in Russia and the former Soviet Union afterwards. Before the crisis, the banking sector in these economies was stuck in a development trap in which the banking sector is...

Persistent link: https://www.econbiz.de/10010440962

Disruptive innovation and R&D ownership structures of the firm

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