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Author: | Anbarci, N. Lemke, R. Roy, S. |
Title: | Inter-firm complementarities in R&D: a re-examination of the relative performance of joint ventures |
Journal: | International Journal of Industrial Organization
2002 : FEB, VOL. 20:2, p. 191-213 |
Index terms: | CO-OPERATION INTERORGANIZATIONAL RELATIONS JOINT BUSINESS VENTURES R&D |
Language: | eng |
Abstract: | The authors compare duopoly outcomes between two alternative modes of research and development (R&D), viz. independent R&D and non-cooperative research joint ventures (RJVs), when there are complementaries between firm-specific R&D resources. When complementarity is high, RJVs lead to higher technological improvement and the reverse holds for low complementarity. |
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