This paper studies the impact of cooperative R&D on innovation, welfare, and profitability in vertically related … although vertical cooperation yields higher innovation and welfare, it may lead to overinvestment in R&D. …

The key purpose of this study is to examine the remarkable context within the evolution of the paradigm innovation in … theme hereby concerns innovation, and this perspective surely necessitates Fast Retailing's strategic collaboration with a … the dynamic product and process innovation behind the extraordinary growth of UNIQLO. Furthermore, the technological …

in the real world to frame a theoretical explanation of this cross-organizational innovation and to reconceptualize the … - what we call contracting for innovation. This pattern braids explicit and implicit contracting to support iterative … collaborative innovation by raising switching costs. These costs, represented by the parties' parallel investment in transaction …