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Cooperation in knowledge sharing and R&D investment

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  • Meickmann, Felix C.

Abstract

This paper reports a laboratory experiment that provides insights on cooperation in R&D investment when knowledge sharing decisions are endogenous. Specifically, there are two types of treatments: one in which participants decide on whether to share knowledge before they make their investment decisions and one where the knowledge sharing constellation is exogenously given, both with and without non-binding communication. The results show that there are behavioral spillovers between the decisions on knowledge sharing and investment. When exogenously set, the degree of symmetric knowledge sharing does not affect cooperation. Communication increases cooperation more when participants can decide on knowledge sharing.

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  • Meickmann, Felix C., 2023. "Cooperation in knowledge sharing and R&D investment," Journal of Economic Behavior & Organization, Elsevier, vol. 211(C), pages 146-164.
  • Handle: RePEc:eee:jeborg:v:211:y:2023:i:c:p:146-164
    DOI: 10.1016/j.jebo.2023.04.033
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    More about this item

    Keywords

    R&D; Duopoly; Endogenous knowledge sharing; Communication; Behavioral spillover; Experiment;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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