This paper faces two questions concerning Joint Ventures (JV) agreements. First, we study how the partners contribution affect the creation and the profit sharing of a JV when partners' effort is not observable. Then, we see whether such agreements are easier to enforce when the decision on JV...

We study research joint ventures (RJV) given that knowledge spillovers dependpositively on the technological proximity between firms. Possible scenarios differin the intensity of collaboration, i.e., the (non)coordination of research activities,and the extent of knowledge exchange. The...

Purpose – This paper analyzes how Research and Development (R&D) cartelization and Research Joint Ventures (RJV) affect firms that engage in Cournot competition in their product market using a model in which the Home and Foreign firm produce differentiated products and export their total...

We investigate the short- and long-term effects of different types of R&D collaborations on firms, consumers, and the industry. To that end, we consider a differentiated-product market in which firms compete a la Bertrand and invest in process innovation in order to lower the production cost...

We analyze a simple oligopoly model where firms can engage in cost-reducing Ramp;D. We compare two Ramp;D regimes: Ramp;D competition and Ramp;D cooperation where firms can enter in a Research Joint Venture (RJV). We introduce coordination costs for the RJV and examine how these affect the...

A careful analysis of the jurisprudence discloses no principled common law foundation for characterizing the joint venture as a distinct legal form. Might it nevertheless be desirable to legislate the joint venture into legal existence? The Alberta Law Reform Institute has made that...

We investigate the dimensions through which R&D spillovers are propagated across firms via cooperation through Research Joint Ventures (RJVs). We build on the framework developed by Bloom et al. (2013) which considers the opposing effects of technology spillovers and product market rivalry, and...