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I develop a model of R&D cooperation with uncertain research outcomes. In this model asymmetric outcomes of R&D competition emerge naturally. Therefore ex-ante and ex-post R&D cooperation can be studied as alternatives for firms. Using this model I compare welfare losses under ex-ante and...
Persistent link: https://www.econbiz.de/10010343965
oligopoly. Our analysis reveals that the complete network, where each firm collaborates with all others, is uniquely stable …, industry-profit maximizing and efficient. This result is in contrast with earlier contributions in private oligopoly where … under strong market rivalry a conflict between stable and efficient networks is likely to occur. A key finding of the paper …
Persistent link: https://www.econbiz.de/10003714914
This paper analyses the inter-firm R&D network formed in the pharmaceutical biotechnology industry during the 1990s from different perspectives: theoretical network formation, firm's structural positions and its collaborations at the entire network level, and the determinants for firm's...
Persistent link: https://www.econbiz.de/10009751604
particular interest is hereby firms' embeddedness into subsidized cooperation networks. For the empirical analysis we utilize an …
Persistent link: https://www.econbiz.de/10011303837
stay away from investment wars. Using the results from 107 published experiments on oligopoly, a meta-study shows that …. -- Antitrust ; Innovation ; research and development agreements ; block exemption ; oligopoly experiments ; meta-study …
Persistent link: https://www.econbiz.de/10008779115
We analyze the endogenous formation of R&D networks, where firms are active in different product markets and can …
Persistent link: https://www.econbiz.de/10011444454
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