The circulation of ideas in firms and markets
T Hellmann, E Perotti - Management science, 2011 - pubsonline.informs.org
This paper models the generation, circulation, and completion of new ideas, showing how
markets and innovative firms complement each other in a symbiotic relationship. Novel …
markets and innovative firms complement each other in a symbiotic relationship. Novel …
The circulation of ideas: firms versus markets
EC Perotti, TF Hellmann - 2006 - papers.ssrn.com
We describe new ideas as incomplete concepts for which the innovator needs feedback
from agents with complementary skills. Once shared, ideas may be stolen. We compare how …
from agents with complementary skills. Once shared, ideas may be stolen. We compare how …
Innovation and corporate conservatism
M Baccara - Available at SSRN 1410207, 2009 - papers.ssrn.com
In this paper we study the incentives of firms to promote innovation. We analyze a situation
in which an employee in a firm is inspired with a new idea for a product. In a framework in …
in which an employee in a firm is inspired with a new idea for a product. In a framework in …