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Description: Authors: Matthias Stuermer, Sebastian Spaeth, and Georg von Krogh (ETH Zurich)nnAbstract: The private-collective innovation model proposes incentives for individuals and firms to privately invest resources to create public goods innovations. Such innovations are characterized by non-rivalry and non-exclusivity in consumption. Examples include open source software, user-generated media products, drug formulas, and sport equipment designs. There is still limited empirical research on private-colle
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