spillovers all interacting within a hypothetical industry. In a two-stage sequential game framework, four types of cooperation … are studied: full non-cooperation; cooperation in both stages; cooperation only in the R&D stage; and simultaneous … cooperation and non-cooperation in the R&D stage. It is shown that the effect of competition on total innovation investment varies …

-divisional cooperation can play an important determinant of competitive advantage. We study these issues in an agency framework where … costly to provide, managers with larger spillovers should receive higher equity incentives. The return-maximizing incentives … also encourage greater cooperation from managers with riskier divisional performance and have useful implications for …

We examine how spillovers can circulate. More precisely, we study how spillovers can flow inside cooperation. We first … present the standard conception that considers spillovers are market failures. In that case, cooperation allows internalising … knowledge by the cooperation's contracts, we show that externalities can circulate inside this organisational form of governance. …

environment that fosters location-dependent knowledge spillovers and promote R&D investments by .rms. Yet, not much is known about … show that strongly localized knowledge spillovers, skilled labor abundance, and low commuting costs are key drivers for a …

upstream sectors. R&D investment determines the production costs of the downstream sector and has spillovers on the rivals …

environment that fosters location-dependent knowledge spillovers and promote R&D investments by firms. Yet, not much is known … show that strongly localized knowledge spillovers, skilled labor abundance, and low commuting costs are key drivers for a …