Licensing and the sharing of knowledge in research joint ventures
نویسندگان
چکیده
منابع مشابه
Licensing and the Sharing of Knowle in Research Joint Ventures*
We consider a three-stage model of research and development (R&D) to capture some key elements of research joint ventures (RJVs). In rhe last of the three stages, firms compete in the product market. In the second stage, the firms simultaneously choose unobservable R & D levels. In the first stage, the firms can share some or all of their knowledge with other iirrns in the RJV. We examine the a...
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New knowledge (especially technological knowledge) is viewed as the foundation for innovation, change, and sustainable competitive advantage. Today, there is no doubt that knowledge is one of the most strategic weapons that can lead to achieving competitive success (Grant, 1996). The primary role of research and development (R&D) within organizations is to create new knowledge or recombine exis...
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This paper reconsiders the explanation of R&D subsidies by Spencer and Brander (1983) and others by allowing firms to license their innovations and to pool their R&D investments. We show that in equilibrium R&D joint ventures are formed and licensing occurs in a way that eliminates the strategic benefits of R&D investment in the export oligopoly game. Nevertheless, national governments are driv...
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چکیده ندارد.
Symmetric Research Joint Ventures
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: Journal of Economic Theory
سال: 1992
ISSN: 0022-0531
DOI: 10.1016/0022-0531(92)90068-s