The gains from cooperative R&D with a concave technology and spillovers

Lambertini, Luca ; Rossini, Gianpaolo (2004) The gains from cooperative R&D with a concave technology and spillovers. p. 19. DOI 10.6092/unibo/amsacta/1546.
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Abstract

We reassess the respective gains from R&D cooperation and competition in a Cournot Duopoly with homogeneous goods, where firms adopt a concave cost-reducing R&D technology. Contrary to the previous literature on the same topic, our main results are that (i) no corner solutions emerge and (ii) cooperation, in the form of either a cartel or a joint venture, is always profitable for firms and (iii) socially superior to independent ventures, provided that spillovers are sufficiently high.

Abstract
Tipologia del documento
Monografia (Working paper)
Autori
AutoreAffiliazioneORCID
Lambertini, Luca
Rossini, Gianpaolo
Parole chiave
process innovation, R&D cooperation, joint ventures
Settori scientifico-disciplinari
DOI
Data di deposito
15 Feb 2006
Ultima modifica
17 Feb 2016 14:32
URI

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