Inter-organizational collaboration in the biotechnology industry
Recent research has looked at the main factors which encourage inter-organisational collaboration among biotechnology companies. It has looked at areas including how to sustain cooperation in a competitive environment and the need for a closer analysis of the institutional arrangements which control exchange and production. It has been found that networks of collaborative ventures play a key role in governing exchange and production.
Publication Name: Journal of Institutional & Theoretical Economics
Wan's "new approach" to technical change: a reply
Arguments on the existence of production function, constant relative factor prices and a constant-returns-to-scale technology in interpreting economic data were presented. A measurement tool for technical change based on national income data, wherein assumption of trends in profit-maximizing and competitiveness assumptions in factor and product markets are not necessary, was also discussed.
Publication Name: Journal of Comparative Economics
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