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This paper develops a three stage oligopoly game for R&D cooperation, R&D expenditure and product market competition. In the first stage, firms decide whether or not to conduct R&D in cooperation with other firms. In the second stage the level of R&D investment is determined. Finally, firms...
Persistent link: https://www.econbiz.de/10011441694
This paper develops a three stage oligopoly game for R&D cooperation, R&D expenditure and product market competition. In the first stage, firms decide whether or not to conduct R&D in cooperation with other firms. In the second stage the level of R&D investment is determined. Finally, firms...
Persistent link: https://www.econbiz.de/10001604531
This study explicitly takes into account that the decision to enter into an external R&D relationship is related to an antecedent decision to carry out R&D. This calls for a methodological approach that, at the same time, permits the joint analysis of the determinants of the two decisions and...
Persistent link: https://www.econbiz.de/10001994149
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scientific research. It has been argued that an increasing orientation towards commercialization may have a negative impact on … more fundamental research efforts in science. Several scholars have therefore analyzed the relationship between publication … former may have closer links to basic research, this is not what we expect from the latter. We argue that such efforts will …
Persistent link: https://www.econbiz.de/10003479951