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We use the French portion of the 2002 Community Innovation Survey to test how spillovers a®ect the likelihood that ¯rms … of the industrial organization literature. We find that a firm which benefits from higher spillovers from her rivals is … more likely to cooperate horizontally in R&D. Moreover, the impact of incoming spillovers on the likelihood of horizontal R …
Persistent link: https://www.econbiz.de/10008789373
We provide evidence that risk aversion leads pharmaceutical firms to underinvest in radical andnovel innovation. We do so by introducing a new measure of novelty: a drug candidate is novelif it is molecularly distinct from prior candidates. Using our measure, we show that firms face arisk-reward...
Persistent link: https://www.econbiz.de/10011928975
Several reviews and impact assessment studies have concluded that the Sixth Framework Programme for Research and Technological Development (FP6) succeeded in fostering scientific excellence and attracting the “A Team” in public science. However, these studies typically fail to contrast their...
Persistent link: https://www.econbiz.de/10003969874
We estimate the effect of R&D spillovers on sales realized by products new to the firm (imitation) and new to the … market (innovation). It turns out that spillovers from rivals lead to more imitation, while inputs from customers and …
Persistent link: https://www.econbiz.de/10009787404
This paper investigates the relationships between firm organization attributes, namely a structure á la Chandler, and their inward looking or exploitationʺ attitude in R&D and innovation. We argue that because of sunk costs and learning processes an inward looking behavior is a consequence of...
Persistent link: https://www.econbiz.de/10003211779
The phenomenon of physical R&D-manufacturing co-location is interesting, because researchers have made very different observations regarding its prevalence. In some populations co-location of the two functions seems to be the norm; in others, an exception. However, we still do not have an...
Persistent link: https://www.econbiz.de/10005749317
This paper examines possible consequences of subsidies to R&D and to volume production proposed under the Clinton administration's flat panel display initiative.
Persistent link: https://www.econbiz.de/10005664194
its rival’s willingness to cooperate. We study the prospects for cooperation given the need for the firm to learn the … environment and its rival’s output. We show how profit and cooperation rates are affected by the sizes of both firms, their … willingness to cooperate, and by environmental complexity. In addition, we investigate equilibrium firm size and cooperation rates. …
Persistent link: https://www.econbiz.de/10010929050
its rival’s willingness to cooperate. We study the prospects for cooperation given the need for the firm to learn the … environment and its rival’s output. We show how profit and cooperation rates are affected by the sizes of both firms, their … willingness to cooperate, and by environmental complexity. In addition, we investigate equilibrium firm size and cooperation rates. …
Persistent link: https://www.econbiz.de/10010812142
its rival’s willingness to cooperate. We study the prospects for cooperation given the need for the firm to learn the … environment and its rival’s output. We show how profit and cooperation rates are affected by the sizes of both firms, their … willingness to cooperate, and by environmental complexity. In addition, we investigate equilibrium firm size and cooperation rates. …
Persistent link: https://www.econbiz.de/10010756456