Innovative Output, Infra-Industry Spilloves, and R&D Cooperation: Theory and Evidence.

Lambertini, Luca ; Lotti, Francesca ; Santarelli, Enrico (2000) Innovative Output, Infra-Industry Spilloves, and R&D Cooperation: Theory and Evidence. Bologna: Dipartimento di Scienze economiche DSE, p. 20. DOI 10.6092/unibo/amsacta/4938. In: Quaderni - Working Paper DSE (371). ISSN 2282-6483.
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Abstract

We analyse both the theoretical and empirical side of the issue of R&D spillover. Each firm`s R&D costs are increasing in the amount of the information transmitted to the other firms , and we account for the possibility that the firms control spillovers. We consider both Cournot-Nash and Cornot-Stackelberg behavior. The empirical analyst suggests that (i) firms` control on spillovers is relatively low; (ii) the cost-saving effect associated to joint ventures or R&D cartels is confermed for industries where firms rely mainly upon own R&D as a source of innovation; (iii) R&D cooperation may increase informationsharing, thereby enhancing spillovers.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Lambertini, Luca
Lotti, Francesca
Santarelli, Enrico
Keywords
spillovers, R&D cartel, joint ventures.
Subjects
ISSN
2282-6483
DOI
Deposit date
05 Apr 2016 10:03
Last modified
05 Apr 2016 10:03
URI

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