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Research joint ventures and the cost paradox

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  • Kline, J. Jude

Abstract

We consider the impact of the cost paradox on the likelihood of cooperative firms to use a cost reducing Research Joint Venture (RJV) to increase research levels when spillovers are large.

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Bibliographic Info

Article provided by Elsevier in its journal International Journal of Industrial Organization.

Volume (Year): 18 (2000)
Issue (Month): 7 (October)
Pages: 1049-1065

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Handle: RePEc:eee:indorg:v:18:y:2000:i:7:p:1049-1065

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Web page: http://www.elsevier.com/locate/inca/505551

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References

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  1. Suzumura, Kotaro, 1993. "Cooperative and Non-Cooperative R&D in an Oligopoly with Spillovers : Strategic Substitutes versus Strategic Complements," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 34(1), pages 1-11, June.
  2. Dixit, Avinash K, 1986. "Comparative Statics for Oligopoly," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 27(1), pages 107-22, February.
  3. Novshek, William, 1985. "On the Existence of Cournot Equilibrium," Review of Economic Studies, Wiley Blackwell, vol. 52(1), pages 85-98, January.
  4. Fuess, Scott Jr. & Loewenstein, Mark A., 1991. "On strategic cost increases in a duopoly," International Journal of Industrial Organization, Elsevier, vol. 9(3), pages 389-395, September.
  5. Seade, Jesus, 1980. "The stability of cournot revisited," Journal of Economic Theory, Elsevier, vol. 23(1), pages 15-27, August.
  6. Szidarovszky, F & Yakowitz, S, 1977. "A New Proof of the Existence and Uniqueness of the Cournot Equilibrium," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 18(3), pages 787-89, October.
  7. Richard R. Nelson, 1957. "Increased Rents from Increased Costs: A Paradox of Value Theory," Journal of Political Economy, University of Chicago Press, vol. 65, pages 387.
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Cited by:
  1. Yasunori Ouchida & Daisaku Goto, 2014. "Environmental Research Joint Ventures and Time-Consistent Emission Tax," Working Papers 2014.35, Fondazione Eni Enrico Mattei.
  2. Belderbos, René & Carree, Martin & Lokshin, Boris, 2006. "Complementarity in R&D cooperation strategies," Research Memorandum 013, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
  3. Ruslan Lukach & Joseph Plasmans & Peter M. Kort, 2005. "Innovation Strategies in a Competitive Dynamic Setting," CESifo Working Paper Series 1395, CESifo Group Munich.
  4. Kaiser, Ulrich, 2002. "An empirical test of models explaining research expenditures and research cooperation: evidence for the German service sector," International Journal of Industrial Organization, Elsevier, vol. 20(6), pages 747-774, June.
  5. SUETENS, Sigrid, 2004. "Literature review: R&D cooperation in oligopoly with spillovers: An experimental economics approach," Working Papers 2004024, University of Antwerp, Faculty of Applied Economics.

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