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We develop a model of R&D collaboration in which individual firms carry out in-house research on core activities and undertake bilateral joint projects on non-core activities with other firms. We develop conditions on the profit functions of the firm under which R&D investments in different...
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increase of cooperation, which is here extended to all two-player social dilemmas. In addition, we discuss the role of the …
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together rather than investing separately. We study the coordination and cooperation problems that might hinder successful … partners for collaboration, while cooperation problems arise at the investment levels of partners who have already agreed to …. It is mostly found that if cooperation is successful in terms of investment, it is due to subjects being able to monitor …
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