Nikolowa, Radoslawa - In: Journal of Economic Behavior & Organization 98 (2014) C, pp. 70-88
This paper proposes a theory of how employee-driven innovations are developed. An employee with private information about the value of his idea can create a spin-out, work in a division of the parent firm, or work for a spinoff of the parent firm. Developing an idea in a spinoff allows the...
