R&D spillovers through RJV cooperation

Albert Banal-Estañol, Tomaso Duso, Jo Seldeslachts, Florian Szücs

We investigate the dimensions through which R&D spillovers are propagated across firms via cooperation through Research Joint Ventures (RJVs). We build on the framework developed by Bloom et al. (2013) which considers the opposing effects of technology spillovers and product market rivalry, and extend it to account for RJVs. Our main findings are that the adverse effects of product market rivalry are mitigated if firms cooperate in RJVs and that R&D spending is reduced among technologically close RJV participants.

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Year of publication:	August 2020
Authors:	Banal-Estañol, Albert ; Duso, Tomaso ; Seldeslachts, Jo ; Szücs, Florian
Publisher:	Munich, Germany : CESifo, Center for Economic Studies & Ifo Institute
Subject:	spillovers \| R&D \| research joint ventures \| market value \| patents \| Spillover-Effekt \| Spillover effect \| Industrieforschung \| Industrial research \| Patent \| Forschungskooperation \| Research collaboration \| Unternehmenskooperation \| Inter-firm cooperation \| Joint Venture \| Joint venture \| Theorie \| Theory

Extent:	1 Online-Ressource (circa 19 Seiten)
Series:	CESifo working papers. - München : [Verlag nicht ermittelbar], ISSN 2364-1428, ZDB-ID 2065232-X. - Vol. no. 8507 (2020)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/223579 [Handle]
Classification:	L24 - Contracting Out; Joint Ventures ; L44 - Antitrust Policy and Public Enterprise Nonprofit Institutions, and Professional Organizations ; K21 - Antitrust Law ; O32 - Management of Technological Innovation and R&D
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012263724