A Research Agenda for New Institutional Economics
Show Less

A Research Agenda for New Institutional Economics

Edited by Claude Ménard and Mary M. Shirley

Consisting of 30 concise chapters written by top scholars, this Research Agenda probes the knowledge frontiers of issues long at the forefront of New Institutional Economics (NIE), including government, contracts and property rights. It examines pressing research questions surrounding norms, culture, and beliefs. It is designed to inform and inspire students and those starting their careers in economics, law and political science. Well-established scholars will also find the book invaluable in updating their understanding of crucial research questions and seeking new areas to explore.
Show Summary Details
You do not have access to this content

Chapter 7: Contracting in innovative industries

Ricard Gil and Giorgio Zanarone


Given the increasing role of creation and innovation in the world economy and the pervasive informational problems that plague contractual relationships between firms and creative agents, innovative industries constitute a natural and intriguing battlefield for researchers interested in the study of organizations, institutions, and governance. This chapter draws on organizational economics to illustrate the contracting frictions and governance solutions that arise in industries and processes where innovative and creative efforts are the key inputs. We point out open questions and gaps that emerge from the existing empirical evidence and provide recommendations that we hope will inform future researchers, industry practitioners, and policymakers.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.