On the organization of cooperative research and development: theory and evidence

Article Abstract:

Research and development partnerships between competing business organizations have become increasingly common in the development of new technologies for use in downstream business. Two examples of these organization types are equity research joint ventures (RJV) and non-equity co-development (COD), which differ in terms of how ownership rights are determined over the new technological innovations. In circumstances of contractual incompleteness,the type of downstream business of the firms involved are found to decide the choice of the organization of the joint R&D.

Research and Development in the Physical, Engineering, and Life Sciences, Commercial physical research, Research & Development-Industry, Management, Industrial research, Science and technology policy, Technological innovations, Industrial organization, Cooperative industrial research, Cooperative research, Contracts, Joint and several, Joint and several contracts

---

Technology adoption, learning spillovers, and the optimal duration of patent-based monopolies

Article Abstract:

An analysis of patent value for business monopolies is presented. The analysis considers patent-based monopolies whose production franchise for inventions may generate second-best welfare optimum results under conditions of absent prospects for future inventions. Results show that patents exhibit welfare-improving powers which are conditioned by learning spillovers in the production process.

Monopolies, Patents

---

Technology transfer with moral hazard

Article Abstract:

Research is presented concerning the influence of a moral hazard problem on an incomplete contract model of a relationship involving licensing. The royalty rate and the parameters of operation are discussed.

Contract Administration, Models, Contracts, Ethical aspects, Business enterprises, Licensing agreements, Contract management

Similar abstracts:

• Abstracts: Intra-organisational aspects of service quality management: the employees' perspective. The path to service encounter performance in public and private 'bureaucracies'
• Abstracts: Executive compensation and the Modern Industrial Revolution. Executive compensation and firm performance in Italy
• Abstracts: Strategic direct investment under unionized oligopoly. US county-level determinants of inbound FDI: evidence from a two-step modified count data model

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.