IDEAS home Printed from https://ideas.repec.org/a/iec/inveco/v27y2003i1p173-196.html
   My bibliography  Save this article

Unilateral commitments to disclose know-how in research joint ventures

Author

Abstract

In this paper, the use of unilateral commitments by the partners participating in a Research Joint Venture (RJV) is explained as part of the firms’ attempt to select the efficient equilibrium in cases where multiple equilibria exist. In a framework including asymmetric information and uncertainty we show that unilateral commitment by a firm to disclose its own know-how to the venture can be effective in inducing cooperative behavior by the partners only if they have complementary technologies, their absorptive capacity is not very high and only for intermediate innovation values. Complementarity between the partners also increases stability in RJVs.

Suggested Citation

  • Joel Sandonís, 2003. "Unilateral commitments to disclose know-how in research joint ventures," Investigaciones Economicas, Fundación SEPI, vol. 27(1), pages 173-196, January.
    • Handle: RePEc:iec:inveco:v:27:y:2003:i:1:p:173-196
    as

    Download full text from publisher

    File URL: https://www.fundacionsepi.es/investigacion/revistas/paperArchive/January2003/v27i1a7.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Research joint ventures; unilateral commitments; mral hazard; know-how;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iec:inveco:v:27:y:2003:i:1:p:173-196. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Isabel Sánchez-Seco (email available below). General contact details of provider: https://www.fundacionsepi.es/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.