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Research joint Ventures, licensing, and industrial policy

Fan, Cuihong; Wolfstetter, Elmar - 2005

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

Welfare improvement windows for innovation policy

Leibowicz, Benjamin D. - In: Research policy : policy, management and economic … 47 (2018) 2, pp. 390-398

Persistent link: https://www.econbiz.de/10011970813

Why do governments subsidize R&D-Intensive foreign direct investment?

Long, Yingzi; Cai, Dapeng - In: Economic modelling 129 (2023), pp. 1-10

Persistent link: https://www.econbiz.de/10014472221

Research joint ventures, optimal licensing, and R&D subsidy policy

Fan, Cuihong; Wolfstetter, Elmar - 2006

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