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trotz des intensivierten wissenschaftlichen Austauschs noch immer weitgehend unbekannt in Deutschland. Managing innovation …
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This paper studies the impact of cooperative R&D on innovation, welfare, and profitability in vertically related … although vertical cooperation yields higher innovation and welfare, it may lead to overinvestment in R&D. …
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the size of the innovation is small; this occurs regardless of the participations in the competing companies and how many … innovate. If the innovation is very large, the owners may be better off with exclusive licenses …
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