Prior research has shown that investing into startups through corporate venturing is a sufficient tool for inter-organizational learning, harvesting innovation and engaging in entrepreneurial activities. Recently, a new model of open innovation collaboration between incumbents and startups has...

We develop a model of endogenous network formation in order to examine the incentives for R&D collaboration in a mixed oligopoly. Our analysis reveals that the complete network, where each firm collaborates with all others, is uniquely stable, industry-profit maximizing and efficient. This...

We implement an experimental design based on a duopoly game in which subjects choose whether to cooperate in Research and Development (R&D) activities. We first conduct six experimental markets that differ in both the levels of knowledge spillovers and the intensity of competition. Consistently...