Pourkarimi, Parisa; Atallah, Gamal - In: Economic review : journal of economics & business 18 (2020) 2, pp. 3-16
This paper studies the impact of cooperative R&D on innovation, welfare, and profitability in vertically related … cooperation, and vertical cooperation. The comparison of cooperation settings in terms of R&D and profitability shows that … within industries and vertical spillovers between them. Upstream firms produce a homogeneous intermediate good, while …