search query: @indexterm PROPERTY RIGHTS / total: 78
reference: 48 / 78
| Author: | Anand, B.N. Galetovic, A. |
| Title: | Weak property rights and holdup in R&D |
| Journal: | Journal of Economics & Management Strategy
2000 : WINTER, VOL. 9:4, p. 615-642 |
| Index terms: | FINANCING KNOWLEDGE PROPERTY RIGHTS R&D |
| Language: | eng |
| Abstract: | The authors study how sequence of financing of R&D varies according to the ease with which property rights over knowledge can be defined. There are two financiers: a venture capitalist (VC) and a corporation. The knowledge acquired in costly research becomes embodied in the research's human capital, and she may hold up the financier and walk away with the project to develop it elsewhere. |
SCIMA