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Information sharing and the stability of cooperation in research joint ventures

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Author Info
Gamal Atallah

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Abstract

The model studies information sharing and the stability of cooperation in cost reducing Research Joint Ventures (RJVs). In a three-stage game-theoretic framework, firms decide on participation in a RJV, information sharing along with R&D expenditures, and output. An important feature of the model is that voluntary information sharing between cooperating firms increases information leakage from the RJV to outsiders. It is found that RJVs representing a larger portion of firms in the industry are more likely to share information. It is also found that when sharing information is costless, firms generally don't choose intermediate levels of information sharing: they share all the information or none at all. The size of the RJV is found to depend on three effects: a coordination effect, an information sharing effect, and a competition effect. Depending on the relative magnitudes of these effects, the size of the RJV may increase or decrease with spillovers. In response to an increase in leakages, RJV members reduce their R&D spending. In addition, they either increase the RJV size while maintaining information sharing unchanged (when leakages are low), or they reduce both information sharing and RJV size (when leakages are high).

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Article provided by Taylor and Francis Journals in its journal Economics of Innovation and New Technology.

Volume (Year): 12 (2003)
Issue (Month): 6 (January)
Pages: 531-554
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Handle: RePEc:taf:ecinnt:v:12:y:2003:i:6:p:531-554

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Related research
Keywords: Endogenous R&D Spillovers Information Sharing R&D Cooperation Research Joint Ventures

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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Gamal Atallah, 2003. "Information sharing and the stability of cooperation in research joint ventures," Economics of Innovation and New Technology, Taylor and Francis Journals, vol. 12(6), pages 531-554, January. [Downloadable!] (restricted)
    Other versions:
  2. Gamal Atallah, 2004. "The Allocation of Resources to Cooperative and Noncooperative R&D," CIRANO Working Papers 2004s-01, CIRANO. [Downloadable!]
    Other versions:
  3. Gamal Atallah, 2005. "Partner Selection in R&D Cooperation," CIRANO Working Papers 2005s-24, CIRANO. [Downloadable!]
  4. Craig Boardman & Barry Bozeman, 2006. "Implementing a 'bottom-up,’ multi-sector research collaboration: The case of the Texas air quality study," Economics of Innovation and New Technology, Taylor and Francis Journals, vol. 15(1), pages 51-69, January. [Downloadable!] (restricted)
  5. Gamal Atallah, 2004. "The Protection of Innovations," CIRANO Working Papers 2004s-02, CIRANO. [Downloadable!]
  6. Werner Bönte & Lars Wiethaus, 2005. "Knowledge Transfer in Buyer-Supplier Relationships – When It (Not) Occurs," RWI Discussion Papers 0034, Rheinisch-Westfälisches Institut für Wirtschaftsforschung. [Downloadable!]
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