The value of entrepreneurial failures: Task allocation and career concerns
Patrick Legros
Professor of Economics (Emeritus)
Patrick Legros is Professor of Economics at the Université Libre de Bruxelles, and is affiliated with the research center ECARES within the Solvay Brussels School of Economics and Management.
Money or Projects: How Should Altruistic Donors Give Aid?
Industrial policy and competition: Evidence from China
Using a comprehensive dataset of all medium and large enterprises in China between 1998 and 2007, we show that industrial policies allocated to competitive sectors or that foster …
philippe-aghion
Smithian growth through creative organization
Contracts, ownership, and industrial organization: Past and future
The economics of copyright levies on hardware
Essential patents, FRAND royalties and technological standards
Standard Setting Organizations have developed FRAND agreements in order to prevent firms from holding up other participants once a standard is created. We analyze here the …
mathias-dewatripont
A price theory of vertical and lateral integration
Trade liberalization and organizational change
We embed a simple incomplete-contracts model of organization design in a standard two-country perfectly-competitive trade model to examine how the liberalization of product and …
paola-conconi
Organising innovation: Standard setting organisations
As technologies have advanced, the way we invent has become much more complicated, with many hundreds of intellectual property rights now involved in innovations. An example of the …