haku: @author Veugelers, R. / yhteensä: 12
viite: 8 / 12
| Tekijä: | Kesteloot, K. Veugelers, R. |
| Otsikko: | Stable R&D cooperation with spillovers |
| Lehti: | Journal of Economics and Management Strategy
1995 : WINTER, VOL. 4:4, p. 651-672 |
| Asiasana: | ECONOMICS R&D CO-OPERATION |
| Kieli: | eng |
| Tiivistelmä: | The literature on the incentives for R&D cooperation with spillover typically deals only with the factors affecting cooperate profits. This paper focuses on the incentives to cheat and the stability of cooperation is influenced by the nature and magnitude of spillovers, relative to the nature and degree of product market competition. While cooperative profits are higher with large positive know-how spillovers, our analysis shows that it may be easier to sustain cooperation in areas with lower spillovers, such as applied research, because of the smaller incentives to cheat on the initial agreement, at least when firms produce substitutes. |
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