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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3503 |
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 |
URL | https://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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