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Although firms have many reasons for investing in R&D, still market forces are believed to be inadequate for directing an optimal amount of funds towards R&D investments. An important tool for diminishing this failure on markets for R&D is to sustain R&D co-operatives, a policy instrument...
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We develop a dynamic duopoly model of R&D competition to improve the quality of a finalgood. The innovation process is … other hand, depends onthe relative magnitudes of the costs of initial innovation and improvements. In particular, aresearch …
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This thesis consists of one essay in industrial organization and two essays in non-cooperative game theory.
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collaborate in R&D is increasing in R&D productivity. The key findings of the theoretical model are tested using German innovation … survey data for the service sector. A simultaneous model for cooperation choice and innovation expenditures shows that R …&D cooperation has a weakly significant positive effect on innovation expenditures. The empirical results broadly support the …
Persistent link: https://www.econbiz.de/10011444658
collaborate in R&D is increasing in R&D productivity. The key findings of the theoretical model are tested using German innovation … survey data for the service sector. A simultaneous model for cooperation choice and innovation expenditures shows that R …&D cooperation has a weakly significant positive effect on innovation expenditures. The empirical results broadly support the …
Persistent link: https://www.econbiz.de/10013428320
The model studies information sharing and the stability of cooperation in cost reducing Research Joint Ventures (RJVs). In a three-stage game-theoretic framework, firms decide on participation in a RJV, information sharing along with R&D expenditures, and output. An important feature of the...
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