During the last few decades, the internet and digital technology have fundamentally changed the global music industry …

corporate reports. As an original contribution, we incorporate the intensity of corporate discourse on technology …

This paper analyses endogenous formation of technology sharing coalitions with asymmetric firms. Coalition partners … produce complementary technology advancements, although firms do not co-operate on R&D investment level or in the product …. The two-firm coalition is the preferred outcome of a welfare maximising authority if ex ante marginal cost is sufficiently …