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Management practices explain an important part of the heterogeneity in firm productivity, but the literature has largely focused on manufacturing while leaving out research in the industrial setting. A key managerial practice in industrial research projects is the use of autonomy (through the...
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In an open innovation relationship, the party that owns a key asset enjoys bargaining power that discourages the investments of the other party in the collaboration. We show that these incentives can be restored by conferring on the weak party the power to take decisions during the research...
Persistent link: https://www.econbiz.de/10014037913