Invitation to 5th Brownbag Seminar
We are pleased to invite you to the 5th joint Brownbag Seminar of this year.
Chair of Financial Econometrics and Asset Management & Institute for Supply Chain Management.
Presenter: Andreas Gernert, MsC Research Assistant ISCM
Co-Authors: David Wuttke, Assistant Professor of Operations Management & Sebastian Heese, Owens Distinguished Professor for Supply Chain Management, NC State University
“Selecting procurement auction mechanisms for innovative products”
Tuesday, June 6th, 2017
Room: Atrium, Accra
Time: 13.00 - 14.00
Abstract: We compare two procurement auction mechanisms for innovative products. We examine when buyers should first invite multiple suppliers to engage simultaneously in R&D before selecting the winner as opposed to selecting first one supplier who then engages with higher effort in R&D.