Khazabi, Massoud (2004): Innovation and cooperation with horizontal spillovers. Published in: The IUP Journal of Industrial Economics , Vol. Vol. 4, No. No. 4 (November 2007): pp. 33-46.
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The paper proposes a theory of innovation and market structure. The model incorporates n firms with horizontal spillovers all interacting within a hypothetical industry. In a two-stage sequential game framework, four types of cooperation are studied: full non-cooperation; cooperation in both stages; cooperation only in the R&D stage; and simultaneous cooperation and non-cooperation in the R&D stage. It is shown that the effect of competition on total innovation investment varies among all four cases and mostly depends on the level of spillover effects as well as the level of coordination among competing firms.
|Item Type:||MPRA Paper|
|Original Title:||Innovation and cooperation with horizontal spillovers|
|Keywords:||R&D, Spillovers, Cooperation|
|Subjects:||L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior > L22 - Firm Organization and Market Structure|
|Depositing User:||Massoud Khazabi|
|Date Deposited:||17. Jun 2012 00:54|
|Last Modified:||28. Apr 2015 02:35|
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