Download This PaperStrategic R&D Cooperatives
44 Pages Posted: 13 Nov 1998
Date Written: May 1998
Abstract
Allowing firms to cooperate in their R&D is an industrial policy which has received much attention in recent economics literature. Many of these contributions are based on the seminal analysis of d?Aspremont and Jacquemin [1988]. We provide a general version of their model which encompasses several recent contributions in the literature. With this general model we then examine the main arguments against and in favor of sustaining R&D cooperatives.
JEL Classification: D43, L13, L41
Suggested Citation: Suggested Citation
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