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Using a simple downstream duopoly model with vertical relations and downstream R&D, we investigate the effect of non-assertion of patents (NAP) provisions. A monopoly upstream firm decides whether to employ NAP provisions. If it does so, it freely incorporates the R&D outcomes into its inputs....
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highlights a basic trade-off between providing strong incentives for the present (incentive effect) and safeguarding … important under certain conditions (high contractible and noncontractible value); however, strong incentives from a less …
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multidimensional incentives, where salespeople have private information about customers. This allows us to ask novel substantive … incentives. The model also accommodates (i) dynamic intertemporal tradeoffs in effort choice across the tasks and (ii) salesperson …
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multitasking model with private information and intertemporal incentives by combining flexible machine learning (random forest) for …
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knowledge economy. Corporate taxes and labor income taxes can affect both the firm owner’s and the employee’s incentives to … variable pay tied to measures of the company’s success. Results point to a complementary role between “patent box” tax … incentives and reductions in the tax rate levied on profit sharing schemes. This complementarity holds, albeit with different …
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