G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11215
DP11215 The Management of Innovation: Experimental Evidence
Patrick W. Schmitz
发表日期2016-04-05
出版年2016
语种英语
摘要We report data from a laboratory experiment with 566 participants that was designed to test Aghion and Tirole's (1994a) management of innovation theory. A research unit and a customer can invest to increase the probability of making an innovation. When the innovation is made, the parties bargain over the division of the revenue. In line with Aghion and Tirole's (1994a) predictions based on the Grossman-Hart-Moore property rights approach, we find that ownership matters for the division of the revenue and the investments. However, communication can somewhat mitigate the theoretical problem that the customer will not relinquish ownership to the cash-constrained research unit.
主题Industrial Organization
关键词Property rights Incomplete contracts Investment incentives Laboratory experiments
URLhttps://cepr.org/publications/dp11215
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/540033
推荐引用方式
GB/T 7714
Patrick W. Schmitz. DP11215 The Management of Innovation: Experimental Evidence. 2016.
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
[Patrick W. Schmitz]的文章
百度学术
百度学术中相似的文章
[Patrick W. Schmitz]的文章
必应学术
必应学术中相似的文章
[Patrick W. Schmitz]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。