Incomplete Contracting in a research Joint Venture: The Micronas Case
AbstractIn 1980 three Finnish companies established a research joint venture as a separate firm in order to develop semiconductors. This enterprise terminated in 1992 when the firm was sold. We study the RJV from the point of view of incomplete contacts, focusing on hold-up problems. Of particular interest is the contact governing the initial transfer of technology from foreign sources.
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Bibliographic InfoPaper provided by Department of Economics in its series University of Helsinki, Department of Economics with number 440.
Length: 42 pages
Date of creation: 1998
Date of revision:
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Postal: University of Helsinki; Department of Economics, P.O.Box 54 (Unioninkatu 37) FIN-00014 Helsingin Yliopisto
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Web page: http://www.helsinki.fi/politiikkajatalous/
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CONTRACTS ; PATENTS ; RESEARCH AND DEVELOPMENT;
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