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In the era of "open innovation", the choice of a cooperative strategy is one of the most significant factors … determining the effectiveness of innovation activities. The authors investigate the typical configurations of cooperative networks … innovation outcomes in terms of innovation novelty and export capacity. The most common cooperative strategy is vertical …
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In this paper we provide a model of Research Joint Venture (RJV), and study the incentives of competing firms to cooperate in product development. Firms that participate in the RJV decide on the product components for joint development, i.e., they decide on how much to cooperate. We consider...
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