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Preemptive Search and R&D Clustering Revisited

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Author Info
Patrick Van Cayseele

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Abstract

The results obtained by Cardon and Sasaki (1998) on R&D clustering are derived under the specific assumption that firms only can own one patent. When multiple patents are allowed, R&D clustering will come about more frequently if search costs are substantial.

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File URL: http://www.econ.kuleuven.be/eng/ew/discussionpapers/Dps01/Dps0119.pdf
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Publisher Info
Paper provided by Katholieke Universiteit Leuven, Centrum voor Economische Studiën in its series Center for Economic Studies - Discussion papers with number ces0119.

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Date of creation: Mar 2001
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Handle: RePEc:ete:ceswps:ces0119

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Related research
Keywords: R&D clustering; persistence of monopoly;

Find related papers by JEL classification:
L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies

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