Unionization Structure, Licensing and Innovation
Copyright policy )Unionization Structure, Licensing and Innovation
Taking technological differences between firms as given, we show that the technologically advanced firm has a stronger incentive for technology licensing under a decentralized unionization structure than with centralized wage setting. Furthermore, We show that, in presence of licensing, the incentive for innovation may also be stronger under decentralized unions. Unions have a clear preference for centralization only if productivity improvements are relatively small.
- Erasmus University Rotterdam Netherlands
- Erasmus Research Institute of Management
- Erasmus+ Belgium
- University of Nottingham United Kingdom
- Tinbergen Institute Netherlands
L13, O34, ddc:330, innovation, welfare, Licensing, downstream market, upstream market, Licensing; downstream market; upstream market; innovation; welfare, D43, jel: jel:D43, jel: jel:O34, jel: jel:L13
L13, O34, ddc:330, innovation, welfare, Licensing, downstream market, upstream market, Licensing; downstream market; upstream market; innovation; welfare, D43, jel: jel:D43, jel: jel:O34, jel: jel:L13
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