Ouchida, Yasunori; Goto, Daisaku - 2014
a firm's R&D costs are limited, then, in stark contrast to results of previous studies, environmental R&D competition is … socially more efficient than the other three scenarios (i.e., environmental R&D cartelization, ERJV competition, and ERJV … cartelization), although R&D competition is the case of "NO information sharing and NO R&D coordination." …