A primer on R&D cooperation among firms
AbstractThis paper provides an introduction to the economic analysis of R&D cooperation among firms. Basing on some stylized facts, we survey the relevant theoretical literature in order to discuss the benefits and the costs that firms face when they cooperate in R&D. We then analyze the pros and the cons of R&D cooperation from a policy-making perspective. We find that R&D cooperation is usually considered welfare improving and can be promoted by several policies. Finally, we discuss paths of research not yet taken in the theoretical literature.
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Bibliographic InfoPaper provided by Bank of Italy, Economic Research and International Relations Area in its series Questioni di Economia e Finanza (Occasional Papers) with number 130.
Date of creation: Sep 2012
Date of revision:
R&D Cooperation; R&D spillovers; Welfare; Innovation;
Find related papers by JEL classification:
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
- L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
- L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-10-06 (All new papers)
- NEP-COM-2012-10-06 (Industrial Competition)
- NEP-CSE-2012-10-06 (Economics of Strategic Management)
- NEP-INO-2012-10-06 (Innovation)
- NEP-PPM-2012-10-06 (Project, Program & Portfolio Management)
- NEP-SBM-2012-10-06 (Small Business Management)
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.:
- Simona Fabrizi & Steffen Lippert, 2007. "On Moral Hazard and Joint R&D," Keele Economics Research Papers KERP 2007/03, Centre for Economic Research, Keele University.
- Duso, Tomaso & Pennings, Enrico & Seldeslachts, Jo, 2007.
"The Dynamics of Research Joint Ventures: A Panel Data Analysis,"
Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems
221, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Tomaso Duso & Enrico Pennings & Jo Seldeslachts, 2008. "The Dynamics of Research Joint Ventures: A Panel Data Analysis," CIG Working Papers SP II 2007-12, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
- Leandro D’Aurizio & Marco Marinucci, 2013. "Italian firms’ innovation strategies in 2008-2010," Questioni di Economia e Finanza (Occasional Papers) 197, Bank of Italy, Economic Research and International Relations Area.
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