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Persistent link: https://www.econbiz.de/10009550247
research joint venture (RJV), non-cooperative RJV, and licensing. In the cooperative (non-cooperative) RJV, the firms (do not …) internalize R&D spillovers. We show that, for the domestic firm, the cooperative RJV dominates, and licensing is the least … desirable alternative. Although licensing is dominant for the foreign firm, it is not implementable. Both RJVs are implementable …
Persistent link: https://www.econbiz.de/10013252755
(RJV), non-cooperative RJV and licensing. In the cooperative (non-cooperative) RJV, the firms (do not) internalize R …&D spillovers. We show that, for the domestic firm, the cooperative RJV dominates and licensing is the least desirable alternative …. Although licensing is dominant for the foreign firm, it is not implementable. Both RJVs are implementable. While the non …
Persistent link: https://www.econbiz.de/10011761649
This paper provides a novel theory of research joint ventures for financially constrained firms. When firms choose R&D portfolios, an RJV can help to coordinate research efforts, reducing investments in duplicate projects. This can free up resources, increase the variety of pursued projects and...
Persistent link: https://www.econbiz.de/10013285527
This paper provides a novel theory of research joint ventures for financially constrained firms. When firms choose R&D portfolios, an RJV can help to coordinate research efforts, reducing investments in duplicate projects. This can free up resources, increase the variety of pursued projects and...
Persistent link: https://www.econbiz.de/10013461491
This paper provides a novel theory of research joint ventures for financially constrained firms. When firms choose R&D portfolios, an RJV can help to coordinate research efforts, reducing investments in duplicate projects. This can free up resources, increase the variety of pursued projects and...
Persistent link: https://www.econbiz.de/10014333778
(RJV), non-cooperative RJV and licensing. In the cooperative (non-cooperative) RJV, the firms (do not) internalize R …&D spillovers. We show that, for the domestic firm, the cooperative RJV dominates and licensing is the least desirable alternative …. Although licensing is dominant for the foreign firm, it is not implementable. Both RJVs are implementable. While the non …
Persistent link: https://www.econbiz.de/10011777647
This paper provides a novel theory of research joint ventures for financially constrained firms. When firms choose R&D portfolios, an RJV can help to coordinate research efforts, reducing investments in duplicate projects. This can free up resources, increase the variety of pursued projects and...
Persistent link: https://www.econbiz.de/10013277082
This paper provides a novel theory of research joint ventures for financially constrained firms. When firms choose R&D portfolios, an RJV can help to coordinate research efforts, reducing investments in duplicate projects. This can free up resources, increase the variety of pursued projects and...
Persistent link: https://www.econbiz.de/10013362245
We examine the role of licensing agreements in facilitating collusive behavior. The focus is on how technology transfer … collusion often leads to less production, technology sharing of nondrastic, but sufficiently large, innovations can increase … welfare in an industry characterized by diseconomies of scale. We identify licensing agreements that will lead to an aggregate …
Persistent link: https://www.econbiz.de/10013292540