Inventor Moral Hazard in University Licensing: The Role of Contracts
收藏NBER2008-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w14226
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资源简介：
We examine commonly observed forms of payment, such as milestones, royalties, or consulting contracts as ways of engaging inventors in the development of licensed inventions. Our theoretical model shows that when milestones are feasible, royalties are not optimal unless the licensing firm is risk
提供机构：
美国国家经济研究局
创建时间：
2008-08-01
