Integrating Competition Policy and Innovation Policy: The Case of R&D Cooperation

Georg von Graevenitz

Industrial Organization from University Library of Munich, Germany

Abstract: This paper considers the integration of competition policy and innovation policy in the context of R&D cooperation. An explicit comparison of the welfare losses under ex-ante and ex-post R&D cooperation reveals differing incentives to undertake R&D in both regimes. The strength of these incentives is related to the degree of product market competition. We show that there is a clear relationship between the degree of competition in the product market and the relative performance of firms under ex-ante and ex-post cooperation. We derive implications for the design of competition policy rules.

Keywords: Competition Policy; Innovation Policy; R&D Cooperation; Licensing; Research Joint Venture; Oligopolistic R&D (search for similar items in EconPapers)
JEL-codes: O31 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2005-03-15
New Economics Papers: this item is included in nep-com and nep-ino
Note: Type of Document - pdf; pages: 25
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https://econwpa.ub.uni-muenchen.de/econ-wp/io/papers/0503/0503006.pdf (application/pdf)

Related works:
Working Paper: Integrating competition policy and innovation policy: the case of R&D cooperation (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpio:0503006

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