Protection of Intellectual Property while Outsourcing

Food and Beverage companies need to share their Intellectual Property (IP) when they outsource production and/or R&D to contract agents. IP sharing can facilitate misappropriation and the contractor may eventually start competing with the client. We design an incentive compatible contract that can protect company IP. A two-pronged strategy is proposed: Companies should share less know-how and give high incentive payments to deter IP misappropriation. Strategies like product differentiation may be highly useful to deter piracy.


Issue Date:
2011-05
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
13643 (Other)
PURL Identifier:
http://purl.umn.edu/103856
Total Pages:
2
JEL Codes:
L14; L21; L23; L66; 031; 032; 034




 Record created 2017-04-01, last modified 2017-10-12

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