MANAGING R&D IN VERTICAL RELATIONSHIPS.

We study the optimal strategy for research and development (R&D) in a buyer‐supplier relationship. The buyer chooses whether to (1) insource a cost‐reducing R&D to its own research‐subunit or to (2) outsource it to its manufacturing supplier. The buyer cannot observe the R&D effort in either case, b...

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Publicado en:	Economic Inquiry Vol. 57; no. 3; pp. 1510 - 1526
Autores principales:	Dai, Chifeng, Shin, Dongsoo
Formato:	Artículo
Publicado:	Wiley-Blackwell Jul2019
Materias:	Information asymmetry Research & development Industrial procurement Suppliers Cost control
Acceso en línea:	Ver este registro en EBSCOhost