Atallah, Gamal - Centre Interuniversitaire de Recherche en Analyse des … - 2004
information sharing between cooperating firms contributes not only to cooperative R&D, but also to noncooperative R&D. The two … information sharing. It is always optimal to subsidize half the costs of cooperative R&D, while the subsidy to noncooperative R …&D is unchanged form the standard model. Consumers prefer intermediate levels of spillovers and information sharing, while …