Innovation and imitation in an asymmetrically-regulated industry

Article Abstract:

A prototype of innovation and imitation in an asymmetrically-regulated industry, wherein a regulated firm and an unregulated firm are involved, is presented. Regulation does not necessarily impede the industry-wide rate of innovation. In fact, by making the regulated company less inclined to imitate, profit sharing can gainfully promote innovation by the unregulated rival, hence expediting innovation.

Product Development, Planning, Public utilities, Deregulation, Industrial organization

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Spatial proximity and complementarities in the trading of tacit knowledge

Article Abstract:

The challenges faced by organizations because of contracts based on knowledge transfer are analyzed. The role of spatial proximity in such knowledge transfer among interlinked firms is studied.

Organizational history, Associations, institutions, etc., Knowledge management, Location, Organizations

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Relying on information acquired by a principal

Article Abstract:

The effects of information acquisition by a principal in a principal-agent model are examined.

Management dynamics, Company business management, Agency (Law)

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