1 citations · 1 across the 2 of their papers we have counts for
3 papers
econ.GN2024
Never-ending Search for Innovation
Jean-Michel Benkert, Igor Letina
We provide a model of investment in innovation that is dynamic, features multiple heterogeneous research projects of which only one potentially leads to success, and in each period…
econ.GN2023★ 1 cited
Startup Acquisitions: Acquihires and Talent Hoarding
Jean-Michel Benkert, Igor Letina, Shuo Liu
We study how competitive forces may drive firms to inefficiently acquire startup talent. In our model, two rival firms have the capacity to acquire and integrate a startup operatin…
econ.GN2022
Research Joint Ventures: The Role of Financial Constraints
Philipp Brunner, Igor Letina, Armin Schmutzler
This paper provides a novel theory of research joint ventures for financially constrained firms. When firms choose R&D portfolios, an RJV can help to coordinate research efforts, r…