Preemptive Search and R&D Clustering Revisited

Working Paper No. PVC-2

Posted: 27 Aug 1999

Date Written: May 1999

Abstract

The results obtained by Cardon and Sasaki (1998) on R&D clustering are derived under the specific assumption that firms only can own one patent. When multiple patents are allowed, R&D clustering will come about more frequently if search costs are substantial.

JEL Classification: L12

Suggested Citation

Van Cayseele, Patrick G. J., Preemptive Search and R&D Clustering Revisited (May 1999). Working Paper No. PVC-2, Available at SSRN: https://ssrn.com/abstract=168788

Patrick G. J. Van Cayseele (Contact Author)

KU Leuven - Department of Economics ( email )

Leuven, B-3000
Belgium
+32-16-326830 (Phone)
+32-16-326796 (Fax)

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