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R&D Delegation in a Duopoly with Spillovers
Vencatachellum, Désiré - 2017
There is evidence that competing firms outsource R&D to the same independent for-profit laboratory. We draw on this stylized fact to construct a model where two firms in the same industry offer transfer payments in exchange for user-specific R&D services from a common laboratory. Inter-firm and...
Persistent link: https://www.econbiz.de/10012963122
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The Gains from Cooperative R&D with a Concave Technology and Spillovers
Lambertini, Luca - 2009
socially superior to independent ventures for any spillover level, provided the cost of R&D financing is sufficiently high …
Persistent link: https://www.econbiz.de/10013155250
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Research Joint Ventures and Technological Proximity
Müller, Aranja - 2019
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...
Persistent link: https://www.econbiz.de/10012903994
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R&D Spillovers with Endogenous Absorptive Capacity : Lessons for Developing Countries
Bae, Chankwon - 2016
tendency to underinvest (overinvest) in idiosyncratic (identical) R&D relative to the social optimum. As the spillover becomes … the former effect overpowers the latter, the total amount of R&D decreases as the spillover increases. This is socially …
Persistent link: https://www.econbiz.de/10012987514
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Open Innovation in a dynamic cournot duopoly
Hasnas, Irina; Lambertini, Luca; Palestini, Arsen - 2013
&D and OI spillover. By means of a differential game approach, we analyze the case of substitutability in an OI setup in a …
Persistent link: https://www.econbiz.de/10010191378
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In defense of trusts : R&D cooperation in global perspective
Hinloopen, Jeroen; Smrkolj, Grega; Wagener, Florian … - 2013
Persistent link: https://www.econbiz.de/10010191415
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R&D spillovers, concentration and market performance
Stepanova, Anna - 2009
. Interpreting spillover as a measure of patent protection, we find that weaker patent protection results in less R&D. We also show … typically maximized under oligopoly with the optimal number of firms depending on the level of spillover and efficiency of R …&D investment. -- oligopoly R&D competition ; spillover process ; cost reduction ; market concentration …
Persistent link: https://www.econbiz.de/10003814422
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R&D cooperatives and market collusion : a global dynamic approach
Hinloopen, Jeroen; Smrkolj, Grega; Wagener, Florian … - 2017
We present a continuous-time generalization of the seminal R&D model of d'Aspremont and Jacquemin (The American Economic Review 78(5): 1133-1137, 1988) to examine the trade-off between the benefits of allowing firms to cooperate in R&D and the corresponding increased potential for product market...
Persistent link: https://www.econbiz.de/10011602548
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Growth and the geography of knowledge
Aloi, Marta; Poyago-Theotoky, Joanna; Tournemaine, … - 2018
We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and for the endogenous emergence of industry clusters. Spatial...
Persistent link: https://www.econbiz.de/10011810111
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Product competition and R&D investment under spillovers within full or partial collusion games
Zhao, Kai - In: Latin American economic review : LAER ; official … 24 (2015), pp. 1-27
The paper investigates firms’ behavior and outcomes (levels of cost-reducing R&D, output, profit and welfare in equilibrium) in a differentiated duopoly with process innovation. One of the important features in this paper is that spillovers operate in the R&D stage and are tied to the degree...
Persistent link: https://www.econbiz.de/10011885533