Many business relationships begin with informal interactions and later transition to formal contracts. Using a repeated-games model with a finite horizon, we show that this hybrid-contracting approach can both…
We investigate public support and venture capital (VC) investment in academic startups. Government support may enable follow-on investment by providing a quality signal to investors. This…
The rise of societal goals like climate change mitigation and energy security calls for rapid capacity growth in renewable electricity sources, yet citizens’ support is put to a test when such technologies emit…
China’s patenting activity has surged over the past two decades, yet questions remain about the quality and sources of innovation. We develop a new method to measure the importance of a patent for innovation,…
U.S. manufacturing facilities generate approximately 30 billion pounds of hazardous waste annually, 10% of which is released into the environment. The negative economic and health impacts of such toxic chemicals…
We examine the strategic considerations and effects of product placement services in digital content aggregators, focusing in particular on Spotify’s “Discovery Mode”. Discovery Mode introduces bias in users’…
Im Jahr 2020 wurde mit der Forschungszulage eine steuerliche Förderung von Forschung und Entwicklung (FuE) in Unternehmen eingeführt. Sie setzt Anreize für die Erhöhung der FuE-Aufwendungen, da ein Teil dieser…
