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Cooperative and Noncooperative R&D Activities in an Oligopolistic Market

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Operations Research Proceedings 1999

Part of the book series: Operations Research Proceedings 1999 ((ORP,volume 1999))

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Summary

This paper deals with an oligopolistic industry characterised by the joint presence of firms which adopt cooperative and noncooperative conducts in R&D activities before competing in outputs. The effects of different levels of information sharing of the R&D outcomes among cooperative firms on firms profit and social welfare are analysed. In this framework low spillover degree assures that private incentive to cooperate in R&D activities coincide with the social incentive to maximise economic welfare.

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References

  • D’Aspremont C., Jacquemin A. (1988), “Cooperative and noncooperative R&D in Duopoly with Spillovers”, American Economic Review, 78, pp. 1133–1137.

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  • De Bondt R., 1996, ‘Spillovers and Innovative Activities’, International Journal of Industrial Organization, 15, pp. 1–28.

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  • Mancuso P., 1998, ‘La Dinamica Competitiva e 1e Strategie di R&S’, PhD Thesis, University of Rome ‘Tor Vergata’.

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  • Poyago-Theotoky J., 1995, “Equilibrium and Optimal Size of a Research Joint Venture in an Oligopoly with Spillovers”, The Journal of Industrial Economics, 43, pp. 209–225.

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© 2000 Springer-Verlag Berlin Heidelberg

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Campisi, D., Mancuso, P. (2000). Cooperative and Noncooperative R&D Activities in an Oligopolistic Market. In: Inderfurth, K., Schwödiauer, G., Domschke, W., Juhnke, F., Kleinschmidt, P., Wäscher, G. (eds) Operations Research Proceedings 1999. Operations Research Proceedings 1999, vol 1999. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-58300-1_31

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  • DOI: https://doi.org/10.1007/978-3-642-58300-1_31

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-67094-0

  • Online ISBN: 978-3-642-58300-1

  • eBook Packages: Springer Book Archive

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