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Research Joint Venture Cartels and Welfare

In: Competition, Cooperation, Research and Development

Author

Listed:
  • Raymond Bondt
  • Changqi Wu

Abstract

Cooperative arrangements in R&D among otherwise competing firms have evolved as a response to the externalities that accompany such strategic investment activities. The modes of cooperation differ in several ways but particularly in the extent that they allow a more useful information-sharing and a better coordination of efforts. Sometimes firms continue to compete and simply share more information. In other cases they only coordinate efforts, and in still other instances they realize both a better coordination of investments and a better sharing of information.

Suggested Citation

  • Raymond Bondt & Changqi Wu, 1997. "Research Joint Venture Cartels and Welfare," Palgrave Macmillan Books, in: Joanna A. Poyago-Theotoky (ed.), Competition, Cooperation, Research and Development, chapter 3, pages 39-56, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-25814-7_3
    DOI: 10.1007/978-1-349-25814-7_3
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    Citations

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    Cited by:

    1. Poyago-Theotoky, J.A., 2007. "The organization of R&D and environmental policy," Journal of Economic Behavior & Organization, Elsevier, vol. 62(1), pages 63-75, January.
    2. Gamal Atallah, 2002. "Vertical R&D Spillovers, Cooperation, Market Structure, and Innovation," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 11(3), pages 179-209.
    3. Gamal Atallah, 2003. "Information sharing and the stability of cooperation in research joint ventures," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 12(6), pages 531-554.
    4. Cassiman, Bruno, 2000. "Research joint ventures and optimal R&D policy with asymmetric information," International Journal of Industrial Organization, Elsevier, vol. 18(2), pages 283-314, February.
    5. Karbowski, Adam, 2015. "Problemy dzielenia się wiedzą w poziomej współpracy badawczo-rozwojowej [Problems of knowledge sharing in horizontal R&D cooperation]," MPRA Paper 69602, University Library of Munich, Germany.
    6. Gamal Atallah, 2005. "Partner Selection in R&D Cooperation," CIRANO Working Papers 2005s-24, CIRANO.
    7. Aloysius, John A., 2002. "Research joint ventures: A cooperative game for competitors," European Journal of Operational Research, Elsevier, vol. 136(3), pages 591-602, February.
    8. Bruno Cassiman & Reinhilde Veugelers, 1998. "R&D cooperation and spillovers: Some empirical evidence," Economics Working Papers 328, Department of Economics and Business, Universitat Pompeu Fabra.
    9. Ruble, Richard & Versaevel, Bruno, 2014. "Market shares, R&D agreements, and the EU block exemption," International Review of Law and Economics, Elsevier, vol. 37(C), pages 15-25.
    10. Silipo, Damiano B., 2008. "Incentives and forms of cooperation in research and development," Research in Economics, Elsevier, vol. 62(2), pages 101-119, June.
    11. Peter-J. Jost, 2021. "Endogenous formation of entrepreneurial networks," Small Business Economics, Springer, vol. 56(1), pages 39-64, January.
    12. Aikaterini KOKKINOU, 2010. "Economic growth, innovation and collaborative research and development activities," Management & Marketing, Economic Publishing House, vol. 5(1), Spring.

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