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A primer on R&D cooperation among firms

Author

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  • Marco Marinucci

    () (Banca d'Italia)

Abstract

This 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.

Suggested Citation

  • Marco Marinucci, 2012. "A primer on R&D cooperation among firms," Questioni di Economia e Finanza (Occasional Papers) 130, Bank of Italy, Economic Research and International Relations Area.
  • Handle: RePEc:bdi:opques:qef_130_12
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    File URL: http://www.bancaditalia.it/pubblicazioni/qef/2012-0130/QEF_130.pdf
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    References listed on IDEAS

    as
    1. 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.
    2. 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.
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    Cited by:

    1. 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.
    2. Marco Marinucci, 2014. "Cooperative R&D networks among firms and public research institutions," Temi di discussione (Economic working papers) 962, Bank of Italy, Economic Research and International Relations Area.

    More about this item

    Keywords

    R&D cooperation; R&D spillovers; welfare; innovation;

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures

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