Röller, Lars-Hendrik; Tombak, Mikhel M.; Siebert, Ralph - Abteilung "Wettbewerbsfähigkeit und industrieller … - 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 analyze a model of RJVs with asymmetric firms...
