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This study explicitly takes into account that the decision to enter into a cooperative R&D relationship is related to … the antecedent decision to carry out R&D. This calls for a methodological approach that, at the same time, allows the … relationships are important drivers of a firm's decision to engage in R&D both independently and with external partners. …
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between intra-firm trade and outsourcing given heterogeneity at the product- (complexity), firm- (productivity) and country … technology. -- Sourcing Decision ; Product Complexity ; Intellectual Property Rights ; Fractional Logit Estimation …
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This paper estimates the welfare-optimal market share of wind and solar power, explicitly taking into account their output variability. We present a theoretical valuation framework that consistently accounts for output variability over time, forecast errors, and the location of generators in the...
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