Distribution of the Profit and the Corresponding Incentive Effects in the Joint-stock Company Formed by Enterprise and University
There exist dual principal-agent relationships in the technology joint-stock company formed by an enterprise and a university. And the scientific researchers dont take the cooperative risk when sharing the technology profit from the collaboration. This unequal situation will bring moral hazard and affect the successful cooperation. How to incentive the scientific researchers to work hard is the imperative problem to be resolved. So, a mode of distribution of profit is put forward, that is, scientific researchers obtain a proportion of profit through investing some tangible assets in the joint-stock company, besides the profit coming from the technology. In this way, the scientific researchers have to try their best to work harder, hoping to take back what they have invested and to obtain considerable profit. Finally, the feasibility of the mode is sustained by a case study.
ZHU Ai-hui HUANG Rui-hua
Business School of Xiangtan University Xian,Shaanxi,China Management School of Xian Jiaotong Unive Management School of Xian Jiaotong University Xian,Shaanxi,China
国际会议
杭州
英文
49-51
2004-10-24（万方平台首次上网日期，不代表论文的发表时间）