منابع مشابه
Økonomi-og Erhvervsministeriets Enhed for Erhvervs- Økonomisk Forskning Og Analyse Trade Secret Laws, Labor Mobiilty, and Innovations Trade Secret Laws, Labor Mobility, and Innovations *
We show that when the researcher’s (observable but not contractible) contribution to innovation is crucial, a covenant not to compete (CNC) reduces effort and profits under both spot and relational contracts. Having no CNC allows the researcher to leave for a rival. This alleviates a commitment problem by forcing the firm to reward a successful researcher. However, if the firm’s R&D investment ...
متن کاملØkonomi-og Erhvervsministeriets Enhed for Erhvervs- Økonomisk Forskning Og Analyse Project Choice and Risk in R&d Project Choice and Risk in R&d †
We introduce stochastic R&D in the Hotelling model and show that if the technical risk is sufficiently high, all firms focus on the most valuable market segment. We then endogenize technical risk by allowing firms to choose between a safe and a risky R&D technology. In equilibrium, firms either both target the most attractive market with at least one firm using the risky technology or they choo...
متن کاملAnalyseinstitut for Forskning
The article outlines a model for the development of dynamic and innovative research environments in national innovation systems. The development model is based on an in-depth study and analysis of 15 research environments selected by the Danish Council for Research Policy as examples of dynamic and innovative public research environments. According to the model, research environments follow som...
متن کاملAnalyseinstitut for Forskning
This paper examines how stock prices are affected by research and development activities for Danish firms for the period, 1989 to 2002. Both through analysis of portfolios and regression analysis, the role of R&D assets is considered along with a number of other fundamental factors, such as size, the book to market ratio, leverage and the CAPM beta. There is at best a weak indication that R&D i...
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ژورنال
عنوان ژورنال: Fund og Forskning i Det Kongelige Biblioteks Samlinger
سال: 2019
ISSN: 2246-6061,0069-9896
DOI: 10.7146/fof.v58i0.125295