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The objective of this paper is to investigate the impact of R&D cooperation on cartel formation in the product market. The R&D investments that precede the production process are aimed at the reduction of the unit manufacturing costs, and could create positive externalities for the potential...
Persistent link: https://www.econbiz.de/10009782017
Persistent link: https://www.econbiz.de/10012212967
The objective of this article is to investigate the impact of research and development (R&D) spillovers on cartelization of industries characterized by differentiated products. For simplicity, we focus on the duopoly market in which firms compete according to the Stackelberg leadership model....
Persistent link: https://www.econbiz.de/10011904589
The objective of this paper is to compare the impact of R&D competition (i) under patent protection and (ii) under no patent protection on enterprise innovation and performance with the impact of R&D cooperation in the form of R&D cartel on enterprise innovation and performance. For simplicity...
Persistent link: https://www.econbiz.de/10012002771