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Article
R&D efficiency gains due to cooperation
Journal of Economics (2003)
  • Jeroen Hinloopen
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”.
Keywords
  • cooperative R&D,
  • noncooperative R&D,
  • increasing technological spillover
Publication Date
October, 2003
DOI
doi.org/10.1007/s00712-003-0016-z
Citation Information
Jeroen Hinloopen. "R&D efficiency gains due to cooperation" Journal of Economics Vol. 80 Iss. 2 (2003) p. 107 - 125 ISSN: 0931-8658
Available at: http://works.bepress.com/hinloopen/23/