| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 1142289 | Operations Research Letters | 2015 | 6 Pages |
Abstract
We consider R&D outsourcing in an innovation-driven supply chain. We find that there exists a threshold in the firm’s R&D cost above which it prefers to outsource via hosting a contest. When designing an R&D contest, we find that the firm benefits from inviting as many suppliers as possible if the R&D participation barrier is low. Otherwise, the firm may prefer to offer entry subsidies or impose fees to purposefully manipulate the contest structure.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Discrete Mathematics and Combinatorics
Authors
Kyoung-Kuk Kim, Michael K. Lim,