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We investigate the dimensions through which R&D spillovers are propagated across firms via cooperation through Research … technology spillovers and product market rivalry, and extend it to account for RJVs. Our main findings are that the adverse …
Persistent link: https://www.econbiz.de/10012263724
We investigate the dimensions through which R&D spillovers are propagated across firms via cooperation through Research … technology spillovers and product market rivalry, and extend it to account for RJVs. Our main findings are that the adverse …
Persistent link: https://www.econbiz.de/10012258922
This paper reconsiders the explanation of R&D subsidies by Spencer and Brander (1983) and others by allowing firms to license their innovations and to pool their R&D investments. We show that in equilibrium R&D joint ventures are formed and licensing occurs in a way that eliminates the strategic...
Persistent link: https://www.econbiz.de/10010371077
We reconsider the justifications of R&D subsidies by Spencer and Brander (1983) and others by allowing firms to pool R&D investments and license innovations. In equilibrium R&D joint ventures are formed and licensing occurs in a way that eliminates the strategic benefits of R&D investment in the...
Persistent link: https://www.econbiz.de/10010343942
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We estimate the determinants of various types of product innovation. Knowledge spillovers from rivals have a positive … impact on incremental innovations. This impact is largely independent of the participation in R&D cooperations. Spillovers … face difficulties in using knowledge that comes from areas they are not familiar with. Establishments exploit spillovers …
Persistent link: https://www.econbiz.de/10003319674