Marini, Marco A.; Petit, Maria L.; Sestini, Roberta - In: Economics of Innovation and New Technology 23 (2014) 3, pp. 274-303
We study the endogenous formation of R&D agreements in a R&D/Cournot duopoly model with spillovers where also the timing of R&D investments is endogenous. This allows us to consider the incentives for firms to sign R&D agreements over time. It is shown that, when both R&D spillovers and...