there are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business … stealing by product market rivals. We develop a general framework showing that technology and product market spillovers have … product market spillovers operate, but that net social returns are several times larger than private returns. The spillover …

It is shown that spillovers can enhance private returns to innovation if they feed back into the dynamic research of … the original inventor (Internalized spillovers), but will always reduce private returns, if the original inventor does not … benefit from the advancements other inventors build into the `spilled` knowledge (Externalized spillovers). I empirically …

Government policies to support R&D are predicated on empirical evidence of R&D "spillovers" between firms. But there … are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business … stealing by product market rivals. We develop a general framework showing that technology and product market spillovers have …

The impact of R&D on growth through spillovers has been a major topic of economic research over the last thirty years …. A central problem in the literature is that firm performance is affected by two countervailing "spillovers" : a positive … effect from technology (knowledge) spillovers and a negative business stealing effects from product market rivals. We develop …

there are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business … stealing by product market rivals. We develop a general framework showing that technology and product market spillovers have … product market spillovers operate, but that net social returns are several times larger than private returns. The spillover …

there are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business … stealing by product market rivals. We develop a general framework showing that technology and product market spillovers have … product market spillovers operate, but that net social returns are several times larger than private returns. The spillover …

there are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business … stealing by product market rivals. We develop a general framework showing that technology and product market spillovers have … product market spillovers operate, but that net social returns are several times larger than private returns. The spillover …

The impact of R&D on growth through spillovers has been a major topic of economic research over the last thirty years …. A central problem in the literature is that firm performance is affected by two countervailing "spillovers": a positive … effect from technology (knowledge) spillovers and negative business stealing effects from product market rivals. We develop a …

. Examples are public research that yields knowledge spillovers and government contracts that broker new research. Using this … patents arising from RJVs sponsored by the Advanced Technology Program (ATP). We find that R&D subsidies as well as difficulty … and novelty increase patents produced by the RJVs. Contractual oversight by ATP has no direct effect but an indirect …