Innovation and imitation in an asymmetrically-regulated industry

Article Abstract:

A prototype of innovation and imitation in an asymmetrically-regulated industry, wherein a regulated firm and an unregulated firm are involved, is presented. Regulation does not necessarily impede the industry-wide rate of innovation. In fact, by making the regulated company less inclined to imitate, profit sharing can gainfully promote innovation by the unregulated rival, hence expediting innovation.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Spatial proximity and complementarities in the trading of tacit knowledge

Article Abstract:

The challenges faced by organizations because of contracts based on knowledge transfer are analyzed. The role of spatial proximity in such knowledge transfer among interlinked firms is studied.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Relying on information acquired by a principal

Article Abstract:

The effects of information acquisition by a principal in a principal-agent model are examined.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code: