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This paper develops a three stage oligopoly game for R&D cooperation, R&D expenditure and product market competition. In the first stage, firms decide whether or not to conduct R&D in cooperation with other firms. In the second stage the level of R&D investment is determined. Finally, firms...
Persistent link: https://www.econbiz.de/10011441694
This paper develops a three stage oligopoly game for R&D cooperation, R&D expenditure and product market competition. In the first stage, firms decide whether or not to conduct R&D in cooperation with other firms. In the second stage the level of R&D investment is determined. Finally, firms...
Persistent link: https://www.econbiz.de/10005097813
-industry R&D spillovers. Horizontal and vertical R&D cooperation scenarios are compared to R&D competition. It turns out that …&D scenario. Empirical implications concerning the relationship between R&D intensities and R&D spillovers are derived and …
Persistent link: https://www.econbiz.de/10011545122
R&D than non-cooperating firms if spillovers are suficiently large. Further, market demand and R&D productivity have a …
Persistent link: https://www.econbiz.de/10014117137
competition also the influence of spillovers on R&D-cooperation increases. However, competition seems to induce firms to search … for effective firm-specific appropriation facilities first. Spillovers that are sufficiently high such that the …
Persistent link: https://www.econbiz.de/10014190336
characteristics. Taking into account the pressure from existing or potential competition ambiguous effects of spillovers on R …
Persistent link: https://www.econbiz.de/10014190384
This paper provides some first empirical evidence on the relationship between R&D spillovers and R&D cooperation. The … results suggest disentangling different aspects of know-how flows. Firms which rate incoming spillovers more importantly and … who can limit outgoing spillovers by a more effective protection of know-how, are more likely to cooperate in R&D. Our …
Persistent link: https://www.econbiz.de/10014208266
-industry R&D spillovers. Horizontal and vertical R&D cooperation scenarios are compared to R&D competition. It turns out that …&D scenario. Empirical implications concerning the relationship between R&D intensities and R&D spillovers are derived and …
Persistent link: https://www.econbiz.de/10010324102
In this paper, we present several insights regarding the influence of institutional design on the process of Research Joint Venture (RJV) formation. Our results are obtained with a firm-level dataset on RJVs formed under the umbrella of the Eureka initiative and of the European Union's Framework...
Persistent link: https://www.econbiz.de/10012986484
complementary inside the laboratory, but only limitedly so, and inter-firm spillovers are sufficiently low. The firms' privately …
Persistent link: https://www.econbiz.de/10012963122