Marini, Marco; Petit, Maria Luisa; Sestini, Roberta - Dipartimento di Ingegneria Informatica, Automatica e … - 2012
invest as follower becomes extremely profitable, making R&D alliances hard to sustain unless firms strategically delay their … made endogenous. The purpose is to bridge two usually separate streams of literature, the endogenous formation of R&D … alliances and the endogenous timing literature. This allows to consider the formation of R&D agreements over time. It is shown …