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Why Firms Form Research Joint Ventures: Theory and Evidence

Röller, Lars-Hendrik; Siebert, Ralph; Tombak, Mihkel - C.E.P.R. Discussion Papers - 1997

The literature on research joint ventures (RJVs) has emphasized internalizing spillovers and cost-sharing as motives for RJV formation. In this paper we develop two additional explanations: product market complementarities and firm heterogeneity. We analyse a model of RJVs with asymmetric firms...

Persistent link: https://www.econbiz.de/10005662169

Motivation and Sorting in Open Source Software Innovation

Belenzon, Sharon; Schankerman, Mark - C.E.P.R. Discussion Papers - 2008

innovation. We exploit the observed pattern of contributions - the 'revealed preference' of developers - to infer the underlying …

Persistent link: https://www.econbiz.de/10005789146

Patents as quality signals? The implications for financing constraints on R&D

Czarnitzki, Dirk; Hall, Bronwyn H.; Hottenrott, Hanna - Düsseldorf Institute for Competition Economics (DICE), … - 2014

Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...

Persistent link: https://www.econbiz.de/10010956728

R&D Cooperation and Spillovers: Some Empirical Evidence

Cassiman, Bruno; Veugelers, Reinhilde - C.E.P.R. Discussion Papers - 1999

information for the innovation process of the firm. Appropriability is defined as the effectiveness of several protection …

Persistent link: https://www.econbiz.de/10005662294

Quantity or quality? Knowledge alliances and their effects on patenting

Hottenrott, Hanna; Lopes-Bento, Cindy - Düsseldorf Institute for Competition Economics (DICE), … - 2013

This study shows for a large sample of R&D-active manufacturing firms over the period 2000-2009 that knowledge alliances have a positive effect on patenting in terms of both quantity and quality. However, when distinguishing between alliances that aim at joint creation of new knowledge and...

Persistent link: https://www.econbiz.de/10010956757

Geographic Localization of International Technology Diffusion

Keller, Wolfgang - C.E.P.R. Discussion Papers - 2001

Convergence in per capita income across countries turns on whether technological knowledge spillovers are global or local in a large class of models. This Paper estimates the amount of spillovers from R&D expenditures in major industrialized countries on a geographic basis. A new data set is...

Persistent link: https://www.econbiz.de/10005124371

Beat 'Em or Join 'Em?: Export Subsidies Versus International Research Joint Ventures in Oligopolistic Markets

Neary, J Peter - C.E.P.R. Discussion Papers - 1998

This paper compares adversarial with cooperative industrial and trade policies in a dynamic oligopoly game in which a home and foreign firm compete in R&D and output and, because of spillovers, each firm benefits from the other’s R&D. When the government can commit to an export subsidy, such a...

Persistent link: https://www.econbiz.de/10005114211

How Broad Should the Scope of Patent Protection Be?

Klemperer, Paul - C.E.P.R. Discussion Papers - 1990

-focused patents are the socially efficient way to reward innovation, and also show when very short-lived but very broad patents are …

Persistent link: https://www.econbiz.de/10005656411

Strategic Choice of Partners: Research Joint Ventures and Market Power

Röller, Lars-Hendrik; Siebert, Ralph; Tombak, Mihkel - C.E.P.R. Discussion Papers - 2000

The literature on research joint ventures (RJVs) has emphasized internalizing spillovers and cost-sharing as motives for RJV formation. In this paper we develop an additional explanation: the incentive to exclude rivals in order to gain market power. We illustrate this effect in a simple model...

Persistent link: https://www.econbiz.de/10005661644

Innovative Activity in Wind and Solar Technology: Empirical Evidence on Knowledge Spillovers Using Patent Data

Braun, Frauke G; Schmidt-Ehmcke, Jens; Zloczysti, Petra - C.E.P.R. Discussion Papers - 2010

sectors (inter-sectoral spillovers), or at the international level. We find that innovation is strongly driven by knowledge … spillovers, especially those occurring at the national level. Wind and solar technologies exhibit distinct innovation … only influential in the case of wind technology. We also find evidence that public R&D stimulates innovation, particularly …

Persistent link: https://www.econbiz.de/10008468596