The Impact of Market Structure and Learning on the Tradeoff between R&D Competition and Cooperation

被引：23

作者：

Besanko, David ^{[1
]}

Wu, Jianjun ^{[2
]}

机构：

[1] Northwestern Univ, Dept Management & Strategy, Evanston, IL 60208 USA

[2] Princeton Econ Grp Inc, Princeton, NJ 08540 USA

来源：

JOURNAL OF INDUSTRIAL ECONOMICS | 2013年 / 61卷 / 01期

关键词：

RESEARCH JOINT VENTURES; STRATEGIC EXPERIMENTATION; SPILLOVERS; INNOVATION; GAME;

D O I：

10.1111/joie.12010

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This paper compares R&D competition and cooperation when firms can devote resources to a safe' investment or a risky R&D investment. When the discovery of a new product creates positive externalities on non-discovering firms, equilibrium investment flow, ex ante investment, and welfare under R&D competition are less than or equal to what they are under research cooperation. With negative externalities, R&D cooperation results in the same or lower ex ante investment than under R&D competition, and social welfare may also be less. Our results have relevance for empirical studies of the impact of R&D cooperation on R&D outcomes.

引用

页码：166 / 201

页数：36

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