Manasakis, Constantine; Petrakis, Emmanuel - In: Canadian Journal of Economics 42 (2009) 2, pp. 665-693
We investigate the impact of alternative unionization structures on firms' incentives to invest on cost-reducing R&D and to form Research Joint Ventures (RJVs), in the presence of R&D spillovers. We show that if firms invest non-cooperatively and spillovers are low, R&D investments are higher...