Agency and strategic contracts: theory and evidence from R&D agreements in the pharmaceutical industry
We examine the use of strategic rights in research and development (R&D) agreements between a client and an agent, when an entrant may compete with the client for the license of non-contracted discoveries developed by the agent. The agent puts effort either in the contracted project, or into oth...
| Main Authors: | , , |
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| Format: | Article |
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Elsevier
2017
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| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/50063/ |