Title: R&D efficiency gains due to cooperation
Authors: Hinloopen, Jeroen # ×
Issue Date: Oct-2003
Publisher: Springer-verlag wien
Series Title: Journal of economics-zeitschrift fur nationalokonomie vol:80 issue:2 pages:107-125
Abstract: A theoretical and widely-quoted finding is that levels of cooperative R&D exceed noncooperative R&D levels when technological spillovers are relatively large, while the opposite holds for relatively small technological spillovers. We qualify this result by showing that for relatively small technological spillovers the comparison is not driven by the extent of technological spillover, but by the increase in technological spillover due to cooperation in R&D. In particular, an agreement to cooperate in R&D always raises R&D efforts if the post-cooperative technological spillover rate is "high enough".
ISSN: 0931-8658
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Non-KU Leuven Association publications
× corresponding author
# (joint) last author

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