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Advertising --- Awards
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Beginning in the late 1980s, American corporations began increasingly linking the compensation of central research personnel to the economic objectives of the corporation. This paper examines the impact of the shifting compensation of the heads of corporate research and development. Among firms with centralized R&D organizations, a clear relationship emerges: more long-term incentives (e.g. stock options and restricted stock) are associated with more heavily cited patents. These incentives also appear to be somewhat associated with more patent filings and patents of greater generality. We address endogeniety concerns in a variety of ways, including examining the impact of compensation for other key managers and utilizing an instrument based on spawning activity in the region. While we cannot determine whether the effect is due to better project selection or better people selection, the results continue to be consistent with our interpretation that performance pay of corporate R&D heads is associated with more innovative firms.
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Band 20 schildert die Entwicklungsgeschichte des Pulitzer-Preises für Biographien und Autobiographien von 1917 bis 2006. Die kompletten Jury-Protokolle aus diesem Zeitraum werden als Faksimiles hier zugänglich gemacht. Auf diese Weise werden die Entscheidungsprozesse transparent, die zu den jeweiligen Gewinnern bei den jährlichen Preisvergaben führten. Zu den Preisträgern zählten u. a. der spätere US-Präsident John F. Kennedy, der Diplomat George F. Kennan und der Flugpionier Charles Lindbergh. Volume 20 of the series describes the development of the award for Biographies and Autobiographies from 1917 through 2006. In addition, the complete jury reports from this period are reprinted by facsimile. So it can be documented how the annual deliberations went until a winner was selected. Among the prize-winners were John F. Kennedy before his presidency, the diplomat George F. Kennan or the aviator Charles Lindbergh.
Biography --- Pulitzer Prizes --- Awards --- History. --- History
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Environmental justice --- Environmental protection --- Citizen participation --- Awards
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Environmental justice --- Environmental protection --- Citizen participation --- Awards
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Animated films --- Academy Awards (Motion pictures) --- Dessins animés --- Academy Awards (Cinéma)
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Incentives in industry --- Government policy --- United States. --- Awards. --- Procurement.
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Hydrogen as fuel --- Science --- Research --- Law and legislation --- Awards
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