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Managerial incentives for technology transfer

✍ Scribed by Clark, Derek J.; Michalsen, Anita

Book ID
115507172
Publisher
Taylor and Francis Group
Year
2010
Tongue
English
Weight
492 KB
Volume
19
Category
Article
ISSN
1043-8599

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## Abstract Cost‐reducing investments by firms are often not publicly observable. This lack of observability would preclude a strategic use of process innovation. However, we show that an observable and verifiable contract that provides direct monetary incentives for cost reductions β€” an innovation