Individual Preferences Organization And Competition In A Model Of R D Incentive Provision

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Individual preferences, organization, and competition in a model of R&D incentive provision

Author : Nicola Lacetera
Publisher :
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4.:/5 (732 download)

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Book Synopsis Individual preferences, organization, and competition in a model of R&D incentive provision by : Nicola Lacetera

Download or read book Individual preferences, organization, and competition in a model of R&D incentive provision written by Nicola Lacetera and published by . This book was released on 2011 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Understanding the organization of R & D activities requires the simultaneous consideration of scientific workers' talent and tastes, companies' organizational choices, and the characteristics of the relevant industry. We develop a model of the provision of incentives to corporate scientists, in an environment where (1) scientists engage in multiple activities when performing research; (2) knowledge is not perfectly appropriable; (3) scientists are responsive to both monetary and non-monetary incentives; and (4) firms compete on the product market. We show that both the degree of knowledge spillovers and of market competition affect the incentives given to scientists, and these effects interact. First, high knowledge spillovers lead firms to soften incentives when product market competition is high, and to strengthen incentives when competition is low. Second, the relationship between the intensity of competition and the power of incentives is U-shaped, with the exact shape depending on the degree of knowledge spillovers. We also show that the performance-contingent pay for both applied and basic research increases with the non-pecuniary benefits that scientists obtain from research. We relate our findings to the existing empirical research, and also discuss their implications for management and public policy.

Individual Preferences, Organization, and Competition in a Model of R&D Incentive Provision

Author : Nicola Lacetera
Publisher :
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Individual Preferences, Organization, and Competition in a Model of R&D Incentive Provision by : Nicola Lacetera

Download or read book Individual Preferences, Organization, and Competition in a Model of R&D Incentive Provision written by Nicola Lacetera and published by . This book was released on 2014 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the organization of Ramp;D activities requires the simultaneous consideration of scientific workers' talent and tastes, companies' organizational choices, and the characteristics of the relevant industry, in particular the competitive pressure. We develop a model of the provision of incentives to corporate scientists, in an environment where (1) scientists engage in multiple activities when performing research; (2) knowledge is not perfectly appropriable; (3) scientists are responsive to both monetary and non-monetary incentives; and (4) firms compete on the product market. We show that the degree of knowledge spillovers and of market competition both affect the incentives given to scientists, and these effects interact. First, high knowledge spillovers lead firms to soften incentives when product market competition is high, and to strengthen incentives when competition is low. Second, the relationship between the intensity of competition and the power of incentives is U-shaped, with the exact shape depending on the degree of knowledge spillovers. We also show that the performance-contingent pay for both applied and basic research increases with the non-pecuniary benefits scientists obtain from research. We discuss the implications of our findings for empirical research as well as for management and public policy.

Issues in Specialized Economic Research and Application: 2013 Edition

Author :
Publisher : ScholarlyEditions
ISBN 13 : 149011081X
Total Pages : 345 pages
Book Rating : 4.4/5 (91 download)

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Book Synopsis Issues in Specialized Economic Research and Application: 2013 Edition by :

Download or read book Issues in Specialized Economic Research and Application: 2013 Edition written by and published by ScholarlyEditions. This book was released on 2013-05-01 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: Issues in Specialized Economic Research and Application: 2013 Edition is a ScholarlyEditions™ book that delivers timely, authoritative, and comprehensive information about Economic Psychology. The editors have built Issues in Specialized Economic Research and Application: 2013 Edition on the vast information databases of ScholarlyNews.™ You can expect the information about Economic Psychology in this book to be deeper than what you can access anywhere else, as well as consistently reliable, authoritative, informed, and relevant. The content of Issues in Specialized Economic Research and Application: 2013 Edition has been produced by the world’s leading scientists, engineers, analysts, research institutions, and companies. All of the content is from peer-reviewed sources, and all of it is written, assembled, and edited by the editors at ScholarlyEditions™ and available exclusively from us. You now have a source you can cite with authority, confidence, and credibility. More information is available at http://www.ScholarlyEditions.com/.

What Makes Companies Pursue an Open Science Strategy?

Author : Markus Simeth
Publisher : WIPO
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4./5 ( download)

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Book Synopsis What Makes Companies Pursue an Open Science Strategy? by : Markus Simeth

Download or read book What Makes Companies Pursue an Open Science Strategy? written by Markus Simeth and published by WIPO. This book was released on 2013 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the motivations of firms that disclose research outcomes in a scientific format. Besides considering an internal firm dimension, the authors focus particularly on knowledge sourcing from academic institutions and the appropriability regime using a cost-benefit framework. The analysis provides evidence that the access to important scientific knowledge imposes the adoption of academic disclosure principles, whereas the mere existence of collaborative links with academic institutions is not a strong predictor. Furthermore, the results suggest that overall industry conditions are influential in shaping the cost-benefit rationale of firms with respect to scientific disclosure.

Game Theory in Management Accounting

Author : David Mueller
Publisher : Springer
ISBN 13 : 331961603X
Total Pages : 453 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Game Theory in Management Accounting by : David Mueller

Download or read book Game Theory in Management Accounting written by David Mueller and published by Springer. This book was released on 2017-09-21 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book demonstrates what kind of problems, originating in a management accounting setting, may be solved with game theoretic models. Game theory has experienced growing interest and numerous applications in the field of management accounting. The main focus traditionally has been on the field of non-cooperative behaviour, but the area of cooperative game theory has developed rapidly and has received increasing attention. Intensive research, in combination with the changing culture of publishing, has produced a nearly unmanageable number of publications in the areas concerned. Therefore, one main purpose of this volume is providing an intensive analysis of the intersection of these areas. In addition, the book strengthens the relationship between the theory and the practical applications and it illustrates the two-sided relationship between game theory and management accounting: new game theoretic models offer new fields of applications and these applications raise new questions for the theory.

The Ashgate Research Companion to New Public Management

Author : Tom Christensen
Publisher : Routledge
ISBN 13 : 1317042360
Total Pages : 608 pages
Book Rating : 4.3/5 (17 download)

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Book Synopsis The Ashgate Research Companion to New Public Management by : Tom Christensen

Download or read book The Ashgate Research Companion to New Public Management written by Tom Christensen and published by Routledge. This book was released on 2016-03-23 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection provides a comprehensive, state-of-the art review of current research in the field of New Public Management (NPM) reform. Aimed primarily at a readership with a special interest in contemporary public-sector reforms, The Ashgate Research Companion to New Public Management offers a refreshing and up-to-date analysis of key issues of modern administrative reforms. This volume comprises a general introduction and twenty-nine chapters divided into six thematic sessions, each with chapters ranging across a variety of crucial topics in the field of New Public Management reforms and beyond. The principal themes to be addressed are: ¢

Institutions and Sustainability

Author : Volker Beckmann
Publisher : Springer Science & Business Media
ISBN 13 : 1402096909
Total Pages : 391 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Institutions and Sustainability by : Volker Beckmann

Download or read book Institutions and Sustainability written by Volker Beckmann and published by Springer Science & Business Media. This book was released on 2009-02-07 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the first vague idea to use Konrad Hagedorn’s 60th birthday as an inspi- tion for taking stock of his vibrant academic contributions, this joint book project has been a great pleasure for us in many ways. Pursuing Hagedorn’s intellectual development, we have tried to reflect on the core questions of humanity according to Ernst Bloch “Who are we?”, “Where do we come from?” and “Where are we heading?” In this way, and without knowing it, Konrad Hagedorn initiated a c- lective action process he would have very much enjoyed ... if he had been allowed to take part in it. But it was our aim and constant motivation to surprise him with this collection of essays in his honour. Konrad Hagedorn was reared as the youngest child of a peasant family on a small farm in the remote moorland of East Frisia, Germany. During his childhood in the poverty-ridden years after the Second World War, he faced a life where humans were heavily dependent on using nature around them for their livelihoods; meanwhile, he learned about the fragility of the environment. As a boy, he - tended a one-room schoolhouse, where his great intellectual talents were first r- ognised and used for co-teaching his schoolmates. These early teaching expe- ences might have laid the foundations for his later becoming a dedicated lecturer and mentor.

The Economics Of Religion

Author : Robert M Sauer
Publisher : World Scientific
ISBN 13 : 9811273154
Total Pages : 359 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis The Economics Of Religion by : Robert M Sauer

Download or read book The Economics Of Religion written by Robert M Sauer and published by World Scientific. This book was released on 2023-04-25 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adam Smith, one of the founding fathers of contemporary economics, observed that religiosity is influenced by the extent of regulation in the 'market' for religion. In countries where there is a state-sponsored religion, one can expect less overall religiosity than if the market were competitive and religions had to compete to increase their membership. Religion, he claims, is like other goods and services supplied in a market economy.Max Weber, one of the founding fathers of contemporary sociology, similarly proposed that religiosity and economic principles are strongly interconnected phenomena. Weber famously thought that Protestant religious beliefs about the importance of work, savings and trustworthiness played an important role in sparking the Industrial Revolution and accelerating economic growth in the Western World.This edited volume contains original contributions by eminent scholars in the new and emerging field of the economics of religion. The contributions expand upon the ground-breaking ideas of Adam Smith and Max Weber. The chapters also illuminate new directions for research in this relatively young, intellectually exciting, and rapidly growing multidisciplinary field of scientific inquiry.

The Oxford Handbook of the Russian Economy

Author : Michael Alexeev
Publisher : Oxford University Press
ISBN 13 : 0199339988
Total Pages : 1024 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis The Oxford Handbook of the Russian Economy by : Michael Alexeev

Download or read book The Oxford Handbook of the Russian Economy written by Michael Alexeev and published by Oxford University Press. This book was released on 2013-06-04 with total page 1024 pages. Available in PDF, EPUB and Kindle. Book excerpt: By 1999, Russia's economy was growing at almost 7% per year, and by 2008 reached 11th place in the world GDP rankings. Russia is now the world's second largest producer and exporter of oil, the largest producer and exporter of natural gas, and as a result has the third largest stock of foreign exchange reserves in the world, behind only China and Japan. But while this impressive economic growth has raised the average standard of living and put a number of wealthy Russians on the Forbes billionaires list, it has failed to solve the country's deep economic and social problems inherited from the Soviet times. Russia continues to suffer from a distorted economic structure, with its low labor productivity, heavy reliance on natural resource extraction, low life expectancy, high income inequality, and weak institutions. While a voluminous amount of literature has studied various individual aspects of the Russian economy, in the West there has been no comprehensive and systematic analysis of the socialist legacies, the current state, and future prospects of the Russian economy gathered in one book. The Oxford Handbook of the Russian Economy fills this gap by offering a broad range of topics written by the best Western and Russian scholars of the Russian economy. While the book's focus is the current state of the Russian economy, the first part of the book also addresses the legacy of the Soviet command economy and offers an analysis of institutional aspects of Russia's economic development over the last decade. The second part covers the most important sectors of the economy. The third part examines the economic challenges created by the gigantic magnitude of regional, geographic, ethnic, religious and linguistic diversity of Russia. The fourth part covers various social issues, including health, education, and demographic challenges. It will also examine broad policy challenges, including the tax system, rule of law, as well as corruption and the underground economy. Michael Alexeev and Shlomo Weber provide for the first time in one volume a complete, well-rounded, and essential look at the complex, emerging Russian economy.

Handbook of Management Accounting Research

Author : Christopher S. Chapman
Publisher : Elsevier
ISBN 13 : 008046887X
Total Pages : 561 pages
Book Rating : 4.0/5 (84 download)

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Book Synopsis Handbook of Management Accounting Research by : Christopher S. Chapman

Download or read book Handbook of Management Accounting Research written by Christopher S. Chapman and published by Elsevier. This book was released on 2006-12-08 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume one of the Handbooks of Management Accounting Research sets the context for both Handbooks, with three chapters outlining the historical development of management accounting as a discipline and as a practice in three broad geographic settings. The bulk of the first volume then draws together a series of contributions that analyse the scholarly literature in terms of distinct intellectual and theoretical social science perspectives. The volume includes a chapter which looks at work informed by psychology as a base discipline. The volume also includes a set of chapters that seek to evaluate and explain issues of research method for the different approaches to research found within management accounting. Special pricing available if purchased as a set with Volume 2. Documents the scholarly management accounting literature Publishing both in print, and online through Science Direct International in scope

The Political Economy of Special-Purpose Government

Author : Kathryn A. Foster
Publisher : Georgetown University Press
ISBN 13 : 9781589014558
Total Pages : 286 pages
Book Rating : 4.0/5 (145 download)

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Book Synopsis The Political Economy of Special-Purpose Government by : Kathryn A. Foster

Download or read book The Political Economy of Special-Purpose Government written by Kathryn A. Foster and published by Georgetown University Press. This book was released on 1997-03-01 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, local governments across America have increasingly turned specialized functions over to autonomous agencies ranging in scope from subdivision-sized water districts to multi-state transit authorities. This book is the first comprehensive examination of the causes and consequences of special-purpose governments in more than 300 metropolitan areas in the United States. It presents new evidence on the economic, political, and social implications of relying on these special districts while offering important findings about their use and significance.

Elgar Encyclopedia of Organizational Psychology

Author : P. Matthijs Bal
Publisher : Edward Elgar Publishing
ISBN 13 : 1803921765
Total Pages : 783 pages
Book Rating : 4.8/5 (39 download)

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Book Synopsis Elgar Encyclopedia of Organizational Psychology by : P. Matthijs Bal

Download or read book Elgar Encyclopedia of Organizational Psychology written by P. Matthijs Bal and published by Edward Elgar Publishing. This book was released on 2024-07-05 with total page 783 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this comprehensive Encyclopedia, Matthijs Bal brings together over 190 international experts to present fresh perspectives on key concepts, theories and research in organizational psychology. Entries cover central topics in the field, such as performance and work family balance, as well as upcoming and underrepresented areas such as decolonization, authenticity and playful work. This title contains one or more Open Access entries.

Framing History in East-Central Europe and Beyond

Author : LIT Verlag
Publisher : LIT Verlag
ISBN 13 : 3643962231
Total Pages : 554 pages
Book Rating : 4.6/5 (439 download)

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Book Synopsis Framing History in East-Central Europe and Beyond by : LIT Verlag

Download or read book Framing History in East-Central Europe and Beyond written by LIT Verlag and published by LIT Verlag. This book was released on 2022-09-06 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1970s todays Austrian Federal Ministry of Education, Science and Research (Bundesministerium für Bildung, Wissenschaft und Forschung, BMBWF) supported the founding of the Center for Austrian Studies at the University of Minnesota in Minneapolis and the Austrian Chair at Stanford University in California. These foundings were the initial incentives for the worldwide `spreading' of similar institutions; currently, nine Centers for Austrian and Central European Studies exist in seven countries on three continents. The funding of the Ministry enables to connect senior scholars with young scholars, to help young PhD students, to participate in and to benefit from the scientific connection of experienced researchers, and to get in touch with the national scientific community by `sniffing scientific air', as the Austrians like to say. Furthermore, it aims to avoid prejudices, and to spread a better understanding and knowledge about Austria and Central Europe by promoting scientific exchange. This volume contains the annual reports (2018/2019 & 2019/2020) of the Center Directors and the papers of their PhD students, which discuss various topics on mostly (East-)Central European History from several perspectives and in different centuries. Ferdinand Kühnel, Postdoc researcher at the Institute of East European History, University of Vienna Nedad Ku?, PhD candidate at the Institute of East European History, University of Vienna Marija Wakounig, Professor at the Institute of East European History, University of Vienna

Government Agency Compliance with Cargo Preference Laws

Author : United States. Congress. House. Committee on Merchant Marine and Fisheries. Subcommittee on Merchant Marine
Publisher :
ISBN 13 :
Total Pages : 224 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Government Agency Compliance with Cargo Preference Laws by : United States. Congress. House. Committee on Merchant Marine and Fisheries. Subcommittee on Merchant Marine

Download or read book Government Agency Compliance with Cargo Preference Laws written by United States. Congress. House. Committee on Merchant Marine and Fisheries. Subcommittee on Merchant Marine and published by . This book was released on 1988 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Rational Believer

Author : Masooda Bano
Publisher : Cornell University Press
ISBN 13 : 0801464331
Total Pages : 265 pages
Book Rating : 4.8/5 (14 download)

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Book Synopsis The Rational Believer by : Masooda Bano

Download or read book The Rational Believer written by Masooda Bano and published by Cornell University Press. This book was released on 2012-03-15 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic schools, or madrasas, have been accused of radicalizing Muslims and participating, either actively or passively, in terrorist networks since the events of 9/11. In Pakistan, the 2007 siege by government forces of Islamabad’s Red Mosque and its madrasa complex, whose imam and students staged an armed resistance against the state for its support of the "war on terror," reinforced concerns about madrasas’ role in regional and global jihad. By 2006 madrasas registered with Pakistan’s five regulatory boards for religious schools enrolled over one million male and 200,000 female students. In The Rational Believer, Masooda Bano draws on rich interview, ethnographic, and survey data, as well as fieldwork conducted in madrasas throughout the country to explore the network of Pakistani madrasas. She maps the choices and decisions confronted by students, teachers, parents, and clerics and explains why available choices make participation in jihad appear at times a viable course of action. Bano's work shows that beliefs are rational and that religious believers look to maximize utility in ways not captured by classical rational choice. She applies analytical tools from the New Institutional Economics to explain apparent contradictions in the madrasa system—for example, how thousands of young Pakistani women now demand the national adoption of traditional sharia law, despite its highly restrictive limits on female agency, and do so from their location in Islamic schools for girls that were founded only a generation ago.

FinTech Regulation

Author : Valerio Lemma
Publisher : Springer Nature
ISBN 13 : 3030423476
Total Pages : 506 pages
Book Rating : 4.0/5 (34 download)

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Book Synopsis FinTech Regulation by : Valerio Lemma

Download or read book FinTech Regulation written by Valerio Lemma and published by Springer Nature. This book was released on 2020-04-25 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Responding to growing interest in new regulations adopted by the EU, US, and UK authorities, this book provides a comprehensive overview of the legal and economic aspects of FinTech and the current regulation surrounding it. In particular, the book observes the technological evolution of finance and the ‘economic space’ that lies between the regulated market and the illegal circulation of capital. Analysing laws that influence the application of technology to the banking and finance sector, the author considers market infrastructure and illustrates how firms execute their activities on a global scale, away from the scope of public supervision and monetary backstops. With globalisation and digitalisation boosting efficiency, the economical relevance of technology is becoming ever more important and therefore this book provides a much-needed examination of the current trends in FinTech regulation, making it an essential read for those researching financial markets, and professionals within the industry.

Experiments in Organizational Economics

Author : Sebastian J. Goerg
Publisher : Emerald Group Publishing
ISBN 13 : 1785609637
Total Pages : 305 pages
Book Rating : 4.7/5 (856 download)

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Book Synopsis Experiments in Organizational Economics by : Sebastian J. Goerg

Download or read book Experiments in Organizational Economics written by Sebastian J. Goerg and published by Emerald Group Publishing. This book was released on 2016-12-22 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research in Experimental Economics (REXE) Volume 19 entitled 'Experiments in Organizational Economics' highlights the importance of replicating previous economic experiments.