This paper models the optimal provision of incentives to corporate scientists, within an environment where effort is multidimensional, firms compete on the product market, knowledge spills over across companies, and scientists have both monetary and non-monetary motivations. The simultaneous...

Scientific fraud is a pervasive phenomenon with deleterious consequences, as it leads to false scientific knowledge being published, therefore a¤ecting major individual and public decisions. In this paper we build a game-theoretic model of the research and publication process that ana- lyzes...

The paper focuses on some organizational dynamics that have characterized pharmaceutical industry in the last thirty years, when biotechnology and the development of life sciences have defined a new technological paradigm, reshaping many aspects of the industry, especially the organization of...

In this paper, I study industry-university relations in a principal- agent framework. Following the existing literature, these relations are interpreted in two ways: (1) as occurring through spillovers of knowledge among different groups of researchers, working for different institutional...

Understanding the organization of R&D activities requires the simultaneous consideration of scientific workers’ talent and tastes, companies’ organizational choices, and the characteristics of the relevant industry. We develop a model of the provision of incentives to corporate scientists,...

Contests are a historically important and increasingly popular mechanism for encouraging innovation. A central concern in designing innovation contests is how many competitors to admit. Using a unique data set of 9,661 software contests, we provide evidence of two coexisting and opposing forces...

Can heuristic information processing affect important product markets? We explore whether the tendency to focus on the left-most digit of a number affects how used car buyers incorporate odometer values in their purchase decisions. Analyzing over 22 million wholesale used-car transactions, we...

This article presents a model of the research and publication process that analyzes why scientists commit fraud and how fraud can be detected and prevented. In the model, authors are asymmetrically informed about the success of their projects and can fraudulently manipulate their results. We...

Research and public policy on academic entrepreneurship are largely based on the assumption that faculty members start businesses to commercialize inventions that have been disclosed to university administrators and have been patented. In this paper, we analyze a sample of 11,572 professors and...