 Corporate social responsibility and disclosure of R&D knowledgeQuan Dong and Juan Bárcena-Ruiz Economics of Innovation and New Technology, 2021, vol. 30, issue 6, 585-602 Abstract: In this paper we analyse whether firms that are concerned with corporate social responsibility (CSR) are willing to disclose their R&D knowledge for free. Assuming strategic R&D with endogenous spillovers in a non-tournament model, Poyago-Theotoky (1999. “A Note on Endogenous Spillovers in a Non-tournament R&D Duopoly.” Review of Industrial Organization 15 (3): 253–262) shows that profit maximising firms do not disclose their information when they act non-cooperatively. We find that firms that are concerned with CSR fully disclose their R&D knowledge when they choose R&D investment levels non-cooperatively. Therefore, CSR is a factor that encourages firms to disclose their R&D knowledge, which speeds up the innovation process. Moreover, the decision by these firms on whether to disclosure R&D knowledge depends on their level of concern. We find that the firms that freely disclose their R&D knowledge are those who care enough about consumers. Date: 2021 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:ecinnt:v:30:y:2021:i:6:p:585-602 Ordering information: This journal article can be ordered from DOI: 10.1080/10438599.2020.1741186 Access Statistics for this article Economics of Innovation and New Technology is currently edited by Professor Cristiano Antonelli More articles in Economics of Innovation and New Technology from Taylor & Francis Journals |
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