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Tekijä: | González-Maestre, M. Peñarrubia, D. |
Otsikko: | Cooperation versus competition in product innovation |
Lehti: | Economics of innovation and new technology
2005 : JUN, VOL. 14:4, p. 305-318 |
Asiasana: | Antitrust Competition Co-operation Innovation Joint business ventures Patents |
Kieli: | eng |
Tiivistelmä: | The optimal antitrust policy is analyzed in the context of a patent race. The conditions under which allowing cooperation yields greater welfare than imposing competition are identified in a simplified model. The current European policy towards R&D cooperation is critically discussed in the light of the results. |
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