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Cooperative R&D with Endogenous Technology Differentiation

Author

Listed:
  • María José Gil Moltó

    (University of St Andrews)

  • Nikolaos Georgantzís

    (Universitat Jaume I)

  • Vicente Orts

    (Universitat Jaume I)

Abstract

The choice of a particular technology when there is a set of them available to firms has not appeared in the R&D literature yet. We show some examples and present a model in which firms choose their technologies from a continuum of available profiles and the resulting spillovers depend on the compatibility among firms' R&D technologies. Our results indicate that non-cooperating firms are interested in using the same or very similar technologies. Therefore firms seek to establish coordination mechanisms such as patent pools or Research Joint Ventures. A RJV leads to higher levels of social welfare than patent pools or the non-cooperative case.

Suggested Citation

  • María José Gil Moltó & Nikolaos Georgantzís & Vicente Orts, 2004. "Cooperative R&D with Endogenous Technology Differentiation," Industrial Organization 0401009, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpio:0401009
    Note: Type of Document - pdf; prepared on Win98; pages: 27; figures: 2
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    References listed on IDEAS

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    JEL classification:

    • 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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