Integrating competition policy and innovation policy: the case of R&D cooperation
I develop a model of R&D cooperation with uncertain research outcomes. In this model asymmetric outcomes of R&D competition emerge naturally. Therefore ex-ante and ex-post R&D cooperation can be studied as alternatives for firms. Using this model I compare welfare losses under ex-ante and ex-post R&D cooperation as the degree of product market competition varies. It emerges that the relative size of these welfare losses is monotonically related to the degree of product market competition and the degree of technological opportunity. The implications of these results for the interaction of competition policy and innovation policy are discussed.
Year of publication: |
2005-02
|
---|---|
Authors: | Graevenitz, Georg von |
Institutions: | Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Incidence and Growth of Patent Thickets - The Impact of Technological Opportunities and Complexity
Graevenitz, Georg von, (2011)
-
Licensing in the Patent Thicket - Timing and Benefits
Siebert, Ralph Bernd, (2010)
-
The Effects of Entrepreneurship Education
Weber, Richard, (2009)
- More ...