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Are ex ante and ex post licensing agreements useful instruments to lessen uncertainty in R&D?

Siebert, Ralph - 2013

In the last decades, technologies became more complex which increased the degree of uncertainty in R&D. To overcome the uncertainty, firms frequently engage in R&D collaborations, e.g., Research Joint Ventures (RJVs), and licensing agreements. While RJVs are well explored in the literature, very...

Persistent link: https://www.econbiz.de/10010223406

Private versus social incentives for pharmaceutical innovation

González, Paula; Macho-Stadler, Inés; … - 2015

We provide a theoretical framework to contribute to the current debate regarding the tendency of pharmaceutical companies to direct their R&D toward marketing products that are "follow-on" drugs of already existing drugs, rather than toward the development of breakthrough drugs. We construct a...

Persistent link: https://www.econbiz.de/10011406575

Processing immigration shocks : firm responses on the innovation margin

Gray, Rowena; Montresor, Giulia; Wright, Greg C. - 2017

. We exploit firm-level panel data on product and process innovation activities in the United Kingdom and find that the … countries increased process innovation and reduced product innovation. This implies that the innovation response to labor supply …-skill intensity of firm production as well as firm size. In addition, the reduction in product innovation is lessened for firms whose …

Persistent link: https://www.econbiz.de/10011718191

Innovation strategies in a competitive dynamic setting

Lukach, Ruslan (contributor); … - 2005

This paper presents a dynamic model of a competitive R&D and production duopoly subject to knowledge spillovers. Two asymmetric firms operate for a limited period of time and dispose their knowledge capital in the end. Both firms and the social planner prefer the R&Dcooperative strategy over the...

Persistent link: https://www.econbiz.de/10002577790

R&D spillovers through RJV cooperation

Banal-Estañol, Albert; Duso, Tomaso; Seldeslachts, Jo; … - 2020

We investigate the dimensions through which R&D spillovers are propagated across firms via cooperation through Research Joint Ventures (RJVs). We build on the framework developed by Bloom et al. (2013) which considers the opposing effects of technology spillovers and product market rivalry, and...

Persistent link: https://www.econbiz.de/10012263724

Superstar economists : coauthorship networks and research output

Hsieh, Chih-sheng; König, Michael D.; Liu, Xiaodong; … - 2018

We study the impact of research collaborations in coauthorship networks on research output and how optimal funding can maximize it. Through the links in the collaboration network, researchers create spillovers not only to their direct coauthors but also to researchers indirectly linked to them....

Persistent link: https://www.econbiz.de/10011925969

Global sourcing and domestic production networks

Furusawa, Taiji; Inui, Tomohiko; Itō, Keiko; Tang, Heiwai - 2017

This paper studies how firms' offshoring decisions shape a country's domestic production networks. We develop a model in which heterogeneous firms source inputs from multiple industries located in different domestic regions and foreign countries. Input sourcing entails communication with...

Persistent link: https://www.econbiz.de/10011721740

A simple model of buyer-seller networks in international trade

Herkenhoff, Philipp; Krautheim, Sebastian; Sauré, Philip - 2021

The recent literature on firm-to-firm trade has documented salient empirical regularities of the buyer-seller network. We propose a simplistic re-interpretation of the classical Krugman (1980) model that accounts for surprisingly many of the empirical regularities. This re-interpretation relies...

Persistent link: https://www.econbiz.de/10012534686

Sparse production networks

Bernard, Andrew B.; Zi, Yuan - 2022

Firm-to-firm connections in domestic and international production networks play a fundamental role in economic outcomes. Firm heterogeneity and the sparse nature of firm-to-firm connections implicitly discipline network structure. We find that a large group of well-established statistical...

Persistent link: https://www.econbiz.de/10013380905

Vertical structure and strategic environmental trade policy

Hamilton, Stephen F.; Requate, Tilman - 2001

The idea that environmental trade policy may be used to achieve competitive advantage in international markets has important implications for the way we conceive tree-trade. This paper reconsiders the issue of strategic environmental policy in a model that makes explicit the vertical structure...

Persistent link: https://www.econbiz.de/10011400875

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