Internationale joint ventures

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We introduce the concept of cooperative substitutes and complements, and use it to throw light on the conditions for a research joint venture to choose equal levels of R&D by all member firms. We show that the second-order conditions for a symmetric optimum take a particularly simple form, ruling out both excessive cooperative substitutability and excessive cooperative complementarity, and nest...

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ژورنال

عنوان ژورنال: Maandblad Voor Accountancy en Bedrijfseconomie

سال: 1992

ISSN: 2543-1684,0924-6304

DOI: 10.5117/mab.66.20636