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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

The Impact of R&D Subsidies on the Introduction of New Products by Incumbent Firms

Siebert, Ralph - C.E.P.R. Discussion Papers - 2003

This Paper analyses the impact of R&D subsidies on incumbent firms to introduce new goods. We are especially interested in investigating various consequences of government subsidies for R&D, provided to firms that offer products of different qualities. This study examines the incentives of...

Persistent link: https://www.econbiz.de/10005504784

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

How Licensing Resolves Hold-Up: Evidence from a Dynamic Panel Data Model with Unobserved Heterogeneity

Siebert, Ralph; von Graevenitz, Georg - C.E.P.R. Discussion Papers - 2006

This paper is a study of licensing in a patent thicket. In a patent thicket licensing allows firms to avoid hold-up. It will have different effects on firms' R&D incentives depending on whether firms license existing or future patents. Building on a model of a patent portfolio race, firms'...

Persistent link: https://www.econbiz.de/10005504462

Complementarities in Innovation Policy

Mohnen, Pierre; Röller, Lars-Hendrik - C.E.P.R. Discussion Papers - 2001

This Paper develops a framework for testing discrete complementarities in innovation policy using European data on … obstacles to innovation. We propose a discrete test of supermodularity in innovation policy leading to a number of inequality … constraints. We apply our test to two types of innovation decisions: to innovate or not, and if so, by how much. We find that …

Persistent link: https://www.econbiz.de/10005661425

Jostling for Advantage: Licensing and Entry into Patent Portfolio Races

Siebert, Ralph; von Graevenitz, Georg - C.E.P.R. Discussion Papers - 2006

Licensing in a patent thicket allows firms to either avoid or resolve hold-up. Firms’ R&D incentives depend on whether they license ex ante or ex post. We develop a model of a patent portfolio race, which allows for endogenous R&D efforts, to study firms’ choice between ex ante and ex post...

Persistent link: https://www.econbiz.de/10005661516

Credible Vertical Preemption

Siebert, Ralph - C.E.P.R. Discussion Papers - 2003

. The study shows that the introduction of new products depends on the credibility of firms' innovation strategies. The high …

Persistent link: https://www.econbiz.de/10005791829

WHICH FIRMS USE UNIVERSITIES AS COOPERATION PARTNERS? – THE COMPARATIVE VIEW IN EUROPE

Rõigas, Kärt; Seppo, Marge; Varblane, Urmas; Mohnen, … - Majandusteaduskond, Tartu Ülikool - 2014

Community Innovation Survey (CIS) data for 14 European countries. Our model incorporates three groups of variables which could … firm, the second group measures different innovation activities and the third group describes the internationalisation of …

Persistent link: https://www.econbiz.de/10010761744