A model is developed that analyzes the effects of uncertainty on the behavior of research and production joint ventures.Following a literature review, the research and development (R&D) environment is defined, and the model, which assumes that joint venture formation, R&D investment, and market...

This paper analyses endogenous formation of technology sharing coalitions with asymmetric firms. Coalition partners produce complementary technology advancements, although firms do not co-operate on R&D investment level or in the product market. The equilibrium coalition outcome is either...

We study a structural model of R&D alliance networks in which firms jointly form R&D collaborations to lower their production costs while competing on the product market. We derive the Nash equilibrium of this game, provide a welfare analysis and determine the optimal R&D subsidy program that...