Cooperation between research companies and manufacturing firms : the choice between market contract, vertical merger, and an R & D - alliance

In the information technology industries there are several instances of a division of labour between research companies and manufacturers, who apply the researcher''s know how in production. Firms use several different ways to organise the decision making and transfer of know how. The paper compares a market transaction, where know how is sold for a license fee, to two modes of cooperation: a merger and an R&D alliance.

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Year of publication:	1995
Authors:	Wegberg, Marc van
Institutions:	Graduate School of Business and Economics (GSBE), School of Business and Economics
Subject:	industrial organization

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Extent:	application/pdf
Series:	Research Memorandum.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Research Memoranda Number 006
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011202005