This paper extends the line of research on cooperation in R&D in an oligopoly with spillovers. Departing from the existing literature, we adopt an infinite-horizon dynamic framework, incorporate uncertainty, and define technology spillover as diffusion of a new technology from an innovator to non-innovators. We consider two cooperative regimes: the R&D cartel in which firms coordinates R&D effo...

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Article history: Received 13 July 2009 Available online xxxx JEL classification: C72 D82

in knowledge-based economy, knowledge has a public good and non-rivalry nature. firms build their own knowledge stock not only by means of internal r&d and collaboration with partners, but also by means of previously spilled over knowledge of other firms and public research laboratories (such as universities). firms based on their absorptive capacity, and level of intra-industry and extra-i...

Abstract This study advances our understanding of knowledge spillover innovation, putting a firm’s own R&D investment and spillovers to competitive test. We use three matched databases 15,430 firms in the United Kingdom (UK) during period 2002–2014 order demonstrate that emanating from within between industries have different effects on innovation compared imitation ability access is condit...

The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expresse...

The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expresse...

The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expresse...

The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expresse...