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[ENGLISH] This paper reviews the theoretical literature concerning the welfare effects of research joint ventures. The analysis pays attention to both the most debated questions and the topics not yet covered in the literature. The study suggests the existence of two main streams: one positive,...
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This paper reviews the theoretical literature concerning the welfare effects of Research Joint Ventures. The analysis pays attention on both the most debated questions and the topics not yet covered in the literature. The study suggests the existence of two main streams: one positive, the other...
Persistent link: https://www.econbiz.de/10014198765
This paper faces two questions concerning Joint Ventures (JV) agreements. First, we study how the partners contribution affect the creation and the profit sharing of a JV when partners' effort is not observable. Then, we see whether such agreements are easier to enforce when the decision on JV...
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We present a unified and up-to-date overview of temporal aggregation techniques for univariate and multivariate time series models explaining in detail, although intuitively, the technical machinery behind the results. Some empirical applications illustrate the main issues
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