Lambertini, Luca; Lotti, Francesca; Santarelli, Enrico - In: Economics of Innovation and New Technology 13 (2004) 4, pp. 311-328
We analyse both the theoretical and the empirical side of the issue of R&D spillovers. Each firm's R&D costs are increasing in the amount of information transmitted to other firms, and we account for the possibility that firms control spillovers. We consider both Cournot-Nash and...