Know-how disclosure and incomplete contracts

被引:27
|
作者
Rosenkranz, S [1 ]
Schmitz, PW [1 ]
机构
[1] Univ Bonn, Wirtschaftspolit Abt, D-53113 Bonn, Germany
关键词
incomplete contracts; know-how disclosure; joint ownership;
D O I
10.1016/S0165-1765(99)00038-5
中图分类号
F [经济];
学科分类号
02 ;
摘要
When two parties invest in human capital and at the same time decide on know-how disclosure it can be shown that joint ownership with veto power is the optimal ownership structure, given that only incomplete contracts can be written. (C) 1999 Elsevier Science S.A. All rights reserved.
引用
收藏
页码:181 / 185
页数:5
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