relationship between technology intensity and vertical integration from a simple incomplete contracts model. Then, we investigate … find that the technology intensities of downstream (producer) and upstream (supplier) industries have opposite effects on … measures of technology intensity, with alternative estimation strategies, and with or without controlling for a number of firm …

designed towards a manufacturer (increasing investment productivity) and a general technology (hold-up reduction). We find that …Suppliers play a major role in innovation processes. We analyze ownership allocations and the choice of R&D technology … the market solution yields the specific technology in too few cases. More intense product market competition shifts …

of technology in vertical research and development (R&D) cooperations. Given that R&D outcomes are not contractible …, there is a trade-off between R&D specifically designed towards a manufacturer (increasing investment productivity) and a … general technology (hold-up reduction). We find that in too few cases the market solution yields the specific technology. More …

In this paper we test the relation between cognitive distance and innovation performance of firms engaged in technology …