G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3503
DP3503 Foreign Ownership, Returns to Scale and Productivity: Evidence from UK Manufacturing Establishments
Sourafel Girma; Holger Görg
发表日期2002-08-20
出版年2002
语种英语
摘要The incremental innovations that underlie much of modern economic growth typically involve changes to one or more components of a complex product. This creates a tension. On the one hand, a principal would like an agent to contribute innovative components. On the other hand, ironing out incompatibilities between interdependent components can be a drain on the principal's energies. The principal can conserve her energies by tightly controlling the innovation process, but this may inadvertently stifle the agent's incentive to innovate. We show precisely how this tension between creating knowledge and controlling knowledge shapes organizational forms. The novel concepts introduced are illustrated with case studies of the flat panel cathode ray tube industry and Boeing's recent location decisions.
主题Industrial Organization
关键词Incremental innovation Incomplete contracts Imperfect substitutability Appropriability
URLhttps://cepr.org/publications/dp3503
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/532517
推荐引用方式
GB/T 7714
Sourafel Girma,Holger Görg. DP3503 Foreign Ownership, Returns to Scale and Productivity: Evidence from UK Manufacturing Establishments. 2002.
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