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; innovation ; knowledge spillovers …
Persistent link: https://www.econbiz.de/10009630299
This paper tests whether upstream R&D cooperation leads to downstream collusion. We consider an oligopolistic setting where firms enter in research joint ventures (RJVs) to lower production costs or coordinate on collusion in the product market. We show that a sufficient condition for...
Persistent link: https://www.econbiz.de/10011382325
The decision to cooperate within R&D joint ventures is often based on `expert advice.' Such advice typically originates in a due diligence process, which assesses the R&D joint venture's profitability, for example, by appraising the achievability of synergies. We show that if the experts who...
Persistent link: https://www.econbiz.de/10014193980
Energy innovation plays an important role in the transition to a zero-carbon economy. Governments in IEA member … policies. However, government subsidies for energy innovation are not always efficient in achieving climate policy goals. This … funds for the energy innovation process. The innovation process is divided into two stages: the R&D stage and the …
Persistent link: https://www.econbiz.de/10014636206
This paper combines the analysis of the R&D cooperation with the strategic trade policy theory. By introducing endogenous formation of research joint venture, we investigate when the research joint venture works as a tool of strategic trade policy, and provide its welfare implications. If R&D...
Persistent link: https://www.econbiz.de/10012942574
exponential pace of sustainable innovation in the Fourth Industrial Revolution (4IR).Preventing authoritarianism from gaining …
Persistent link: https://www.econbiz.de/10013234747
We investigate the dimensions through which R&D spillovers are propagated across firms via cooperation through Research Joint Ventures (RJVs). We build on the framework developed by Bloom et al. (2013) which considers the opposing effects of technology spillovers and product market rivalry, and...
Persistent link: https://www.econbiz.de/10012263724
We investigate the dimensions through which R&D spillovers are propagated across firms via cooperation through Research Joint Ventures (RJVs). We build on the framework developed by Bloom et al. (2013) which considers the opposing effects of technology spillovers and product market rivalry, and...
Persistent link: https://www.econbiz.de/10012258922
This paper reviews the theoretical literature concerning the welfare effects of Research Joint Ventures. The analysis pays attention on both the most debated questions and the topics not yet covered in the literature. The study suggests the existence of two main streams: one positive, the other...
Persistent link: https://www.econbiz.de/10014198765
Every year thousands of firms are engaged in research joint ventures (RJV), where all knowledge gained through R&D is shared among members. Most of the empirical literature assumes members are non-cooperative in the product market. But many RJV members are rivals leaving open the possibility...
Persistent link: https://www.econbiz.de/10014216431