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Author:Castrillo, J.
Sandonis, J.
Title:Disclosure of know-how in research joint ventures
Journal:International Journal of Industrial Organization
1997 : FEB, VOL. 15:1, p. 51-76
Index terms:INTERNATIONAL ORGANIZATIONS
RESEARCH
JOINT BUSINESS VENTURES
Language:eng
Abstract:Research joint ventures (RJVs) usually face technical uncertainty, their expected cost typically depending on the know-how disclosed by the partners. However, the partners have little incentive to share their know-how when they are simultaneously competitors in other markets. In this setting, the authors show that sometimes profitable RJVs do not start when the disclosure of know-how is contractible, and characterize the incentive contracts when they exist. The authors also analyze RJVs as an alternative to licensing contracts for the transmission of know-how.
SCIMA record nr: 158518
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