This paper examines international cooperation on technological development as an alternative to international cooperation on GHG emission reductions. It is assumed that when countries cooperate they coordinate their investments so as to minimize the agreement costs of controlling emissions and...

Research joint ventures involve agreements among firms to engage in joint basic and applied research and development. This Article explores the importance of intellectual property rights in the formation of a research joint venture. The Article first considers the structural advantages afforded...

Recent innovation literature has documented the benefits of cross-pollination of ideas across a wide set of industries and technology fields in an economy. Industrial and trade policies, by contrast, tend to favor economic specialization through the promotion of selected sectors. In this paper...