Multimarket contact and inter-firm cooperation in R&D
AbstractResearch joint ventures (RJVs) have been widely acclaimed for their alleged ability to restore private incentives to undertake R&D. Economists have, however, also sounded the alarm concerning the opportunities RJVs may create for collusion between partners. The danger of anti-competitive behavior increases significantly when repeated R&D collaboration occurs between firms that also "meet" in many product markets. This phenomenon is shown to be present in a large set of U.S.-based RJVs. The question is about the incentive trade-off: Are the alleged advantages of RJVs in terms of enhancing incentives for R&D sufficient to overcome the potential disadvantages in terms of decreasing incentives for R&D due to simultaneous multiproject and multimarket contact? Significant foreign participation, high technological and market uncertainties, and the set up of "porous" RJVs may operate as a check to anti-competitive behavior.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Springer in its journal Journal of Evolutionary Economics.
Volume (Year): 10 (2000)
Issue (Month): 1 ()
Contact details of provider:
Web page: http://link.springer.de/link/service/journals/00191/index.htm
Find related papers by JEL classification:
- L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
- L4 - Industrial Organization - - Antitrust Issues and Policies
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Møllgaard, Peter & Lorentzen, Jo, 2006.
"Competition Policy and Innovation,"
09-2005, Copenhagen Business School, Department of Economics.
- Oliver Budzinski, 2008. "Europäische Medienmärkte: Die Rolle der Wettbewerbspolitik," MAGKS Papers on Economics 200806, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
- Leydesdorff, Loet & Dolfsma, Wilfred & Van der Panne, Gerben, 2006.
"Measuring the knowledge base of an economy in terms of triple-helix relations among 'technology, organization, and territory',"
Elsevier, vol. 35(2), pages 181-199, March.
- Dolfsma, W.A. & Leydesdorff, L. & Panne, G. van der, 2004. "Measuring the Knowledge Base of an Economy in terms of Triple-Helix Relations among 'Technology, Organization, and Territory'," Research Paper ERS-2004-034-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni.
- Suetens S., 2004.
"Literature review: R&D cooperation in oligopoly with spill-overs: an experimental economic approach,"
2004024, University of Antwerp, Faculty of Applied Economics.
- Suetens, S., 2004. "Literature review: R&D cooperation in oligopoly with spillovers: An experimental economics approach," Open Access publications from Tilburg University urn:nbn:nl:ui:12-3529827, Tilburg University.
- Masao Nakamura & Yannis Caloghirou & George Hondroyiannis & Nicholas S. Vonortas, 2003. "The performance of research partnerships," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 24(2-3), pages 85-99.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F Baum).
If references are entirely missing, you can add them using this form.