The Organization of Innovation: Incomplete Contracts and the Outsourcing Decision
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Why do firms outsource research and development (R&D) for some products while conducting R&D in-house for similar ones? An innovating rm risks cannibalizing its existing products. The more profitable these products, the more the firm wants to limit cannibalization. We apply this logic to the
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美国国家经济研究局创建时间：
2021-01-01
