The Role of R&D Technology in Asymmetric Research Joint Ventures

Sami Dakhlia (), Flavio Menezes () and Akram Temimi
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Akram Temimi: University of Alabama

Microeconomics from EconWPA

Abstract: We characterize asymmetric equilibria in two-stage process innovation games and show that they are prevalent in the different models of R&D technology considered in the literature. Indeed, cooperation in R&D may be accompanied by high concentration in the product market. We show that while such an increase may be profitable, it may be socially inefficient.

Keywords: Research and Development; Research Joint Ventures; Process Innovation Games (search for similar items in EconPapers)
JEL-codes: D43 L1 O32 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ind, nep-ino and nep-mic
Date: 2005-05-12
Note: Type of Document - pdf; pages: 14
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Related works:
Working Paper: The role of R&D technology in asymmetric research joint ventures (2004)
Journal Article: THE ROLE OF R&D TECHNOLOGY IN ASYMMETRIC RESEARCH JOINT VENTURES (2006)
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpmi:0505003

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