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We investigate the dimensions through which R&D spillovers are propagated across firms via cooperation through Research … technology spillovers and product market rivalry, and extend it to account for RJVs. Our main findings are that the adverse …
Persistent link: https://www.econbiz.de/10012263724
We investigate the dimensions through which R&D spillovers are propagated across firms via cooperation through Research … technology spillovers and product market rivalry, and extend it to account for RJVs. Our main findings are that the adverse …
Persistent link: https://www.econbiz.de/10012258922
Persistent link: https://www.econbiz.de/10013175320
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
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
Though there is a body of theoretical literature on research joint ventures (RJV) participation facilitating collusion, empirical tests are rare. Even more so, there are few empirical tests on the general theme of collusion. This note tries to fill this gap by assuming a correspondence between...
Persistent link: https://www.econbiz.de/10010343922
The aim of this paper is to provide a microeconometric analysis of the impact of research joint venture participation on productivity, using a large panel of around 6200 firms. The findings of the theoretical literature on this topic are ambiguous and there are very few empirical papers...
Persistent link: https://www.econbiz.de/10011545714
This paper provides a novel theory of research joint ventures for financially constrained firms. When firms choose R …
Persistent link: https://www.econbiz.de/10013362245
Persistent link: https://www.econbiz.de/10012123382
This paper provides a novel theory of research joint ventures for financially constrained firms. When firms choose R …
Persistent link: https://www.econbiz.de/10013277082