G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6055
DP6055 Sovereign Risk and Secondary Markets
Jaume Ventura; Fernando Broner; Alberto Martin
发表日期2007-01-21
出版年2007
语种英语
摘要We study how complementarities and intellectual property rights affect the management of knowledge workers. The main results relay when a firm will wish to sue workers that leave with innovative ideas, and the effects of complementary assets on wages and on worker initiative. We argue that firms strongly protected by property rights may not sue leaving workers in order to motivate effort, while firms weakly protected by complementary assets must sue in order to obtain positive profits. Firms with more complementary assets pay higher wages (and have lower turnover), but such higher pay has a detrimental effect on worker initiative. Our analysis suggests that strengthened property rights protection reduces turnover costs but weakens worker initiative.
主题Industrial Organization ; Labour Economics
关键词entrepreneurship Innovation Ipr Litigation Personnel economics R&d Start-ups
URLhttps://cepr.org/publications/dp6055
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/534897
推荐引用方式
GB/T 7714
Jaume Ventura,Fernando Broner,Alberto Martin. DP6055 Sovereign Risk and Secondary Markets. 2007.
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