search query: @indexterm VENTURE MANAGEMENT / total: 138
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| Author: | Greenlee, P. |
| Title: | Endogenous formation of competitive research sharing joint ventures |
| Journal: | Journal of Industrial Economics
2005 : SEP, VOL. 53:3, p. 355-391 |
| Index terms: | co-operation R&D venture management |
| Language: | eng |
| Abstract: | This article discusses research sharing, which is an important objective of many research joint ventures. When partners share R&D but do not maximize joint profits, large consortia are more profitable than small ones, and joint ventures prefer dispersed rivals. Research-sharing joint ventures improve welfare when spillovers are low, and banning research sharing joint ventures is beneficial for high spillovers. |
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