search query: @author Kamien, M. / total: 2
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| Author: | Kamien, M. Zang, I. |
| Title: | Meet me halfway: research joint ventures and absorptive capacity |
| Journal: | International Journal of Industrial Organization
2000 : OCT, VOL. 18:7, p. 995-1012 |
| Index terms: | JOINT BUSINESS VENTURES CAPACITY EQUILIBRIUM THEORY |
| Language: | eng |
| Abstract: | The authors propose a representation of a firm's "effective" R&D effort level that reflects how both its R&D approach and R&D budget influences its ability to realize spillovers from other firms' R&D activity, i.e., its "absorptive capacity", and generalizes the commonly employed representation. The ability to choose an R&D approach is accommodated by positing a three-stage game in which the choice of an R&D approach is made in its first stage. |
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