The role played in the last decades by contract research organizations (CROs) has been almost completely neglected by the economic and managerial literature. At most they are presented as firms performing routine clinical tasks, a portrait which is largely outdated and misleading. Thus the main...

In the last years, a codification debate has developed among economists concerning the meaning and the empirical relevance of tacit knowledge. As this debate seems to have reached an impasse, we suggest a solution to take it a step further that is based on a more precise definition of tacit...