G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4406
DP4406 Globalization, Roundaboutness and Relative Wages
Joseph Francois; Douglas Nelson; Kevin Blaine Grier
发表日期2004-06-23
出版年2004
语种英语
摘要We address the problem faced by innovators who have an idea for a marketable product but must hire employees to bring the product to the market. Information leakage implies that newly-hired employees become informed of the idea and may attempt to bring the product to the market themselves. We develop a bargaining model that accounts for this problem. In this model, employee?s rents endogenously reflect the bargaining power vis-à-vis the firm that is due to the knowledge of the information. The model has a unique symmetric equilibrium in which the innovator appropriates a sizable share of the surplus despite the absence of property rights for ideas. We show that this share stays bounded away from zero even as the number of agents required in the development grows to infinity. We also derive the conditions under which monopoly or competition arise on the product market. We find that when the degree of potential competition on the product market is high enough, a monopoly is generated by hiring all potential competitors within the same firm. Finally, the link between intellectual property rights enforcement and industry performance is explored, and normative implications are derived.
主题Industrial Organization
关键词Information leakage Information diffusion Market structure Intellectual property rights
URLhttps://cepr.org/publications/dp4406
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/533360
推荐引用方式
GB/T 7714
Joseph Francois,Douglas Nelson,Kevin Blaine Grier. DP4406 Globalization, Roundaboutness and Relative Wages. 2004.
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Joseph Francois]的文章
[Douglas Nelson]的文章
[Kevin Blaine Grier]的文章
百度学术
百度学术中相似的文章
[Joseph Francois]的文章
[Douglas Nelson]的文章
[Kevin Blaine Grier]的文章
必应学术
必应学术中相似的文章
[Joseph Francois]的文章
[Douglas Nelson]的文章
[Kevin Blaine Grier]的文章
相关权益政策
暂无数据
收藏/分享

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。