A Research Agenda for New Institutional Economics
Edited by Claude Ménard and Mary M. Shirley
Abstract
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.