&D duopoly with spillovers is presented and analyzed. The results show that strengthening intellectual property rights protection …

prospects for cooperation given the need for the firm to learn the environment and its rival's output. We show how a firm …'s profit and cooperation rates are affected by its size, its rival's size and willingness to cooperate and environmental …

different models of R&D technology considered in the literature. Indeed, cooperation in R&D may be accompanied by high …

firms and the interaction among them is accompanied by technological spillovers from the domestic firm to the foreign firm …

innovation regimes. On the one hand, radical innovations rely strongly on firm-level spillovers, including property rights, and …

spillovers give rise to both negative and positive externalities. We show that the rationale for public policy intervention is … strengthened where spillovers also have positive effects. This conclusion is based on the supermodularity of the spillover process …

The model studies information sharing and the stability of cooperation in cost reducing Research Joint Ventures (RJVs … on the relative magnitudes of these effects, the size of the RJV may increase or decrease with spillovers. In response to …

horizontal and vertical cooperation. Vertical spillovers always increase R&D and welfare, while horizontal spillovers may … others. Which type of cooperation yields more R&D depends on horizontal and vertical spillovers, and market structure. The … strategic investment literature is that cooperation between competitors increases (decreases) R&D when horizontal spillovers are …