haku: @author Anand, B.N. / yhteensä: 2
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| Tekijä: | Anand, B.N. Galetovic, A. |
| Otsikko: | Weak property rights and holdup in R&D |
| Lehti: | Journal of Economics & Management Strategy
2000 : WINTER, VOL. 9:4, p. 615-642 |
| Asiasana: | FINANCING KNOWLEDGE PROPERTY RIGHTS R&D |
| Kieli: | eng |
| Tiivistelmä: | 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. |
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