G2TT
来源类型Discussion paper
规范类型论文
来源IDDP2753
DP2753 Corporate Taxation, Multinational Enterprise and Economic Integration
Guttorm Schjelderup; Karen Helene Ulltveit-Moe; Hans Jarle Kind
发表日期2001-03-27
出版年2001
语种英语
摘要We explore the dynamic evolution of property rights regimes in R&D alliances using the incomplete contract approach pioneered by Grossman, Hart and Moore (Hart and Moore, Journal of Political Economy (1990), and Grossman and Hart, Journal of Political Economy (1986)). In contrast to the standard analysis, the productive asset is an excludable public good such as a patent. Moreover, both firms can decide whether to disclose their know-how and invest effort. Know-how that has once been released cannot be concealed later. We characterize different scenarios in which the optimal ownership structure may change over time due to a trade-off between inducing know-how disclosure and ensuring maximum effort.
主题Industrial Organization
关键词R&d alliances Property rights Partnerships Incomplete contracts
URLhttps://cepr.org/publications/dp2753
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/531809
推荐引用方式
GB/T 7714
Guttorm Schjelderup,Karen Helene Ulltveit-Moe,Hans Jarle Kind. DP2753 Corporate Taxation, Multinational Enterprise and Economic Integration. 2001.
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