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Endogenous research and development spillovers and asymmetric firms

Joanna Poyago‐Theotoky and Khemarat Talerngsri Teerasuwannajak
Authors registered in the RePEc Author Service: Joanna Poyago-Theotoky

Managerial and Decision Economics, 2020, vol. 41, issue 7, 1282-1286

Abstract: We examine an asymmetric research and development (R&D) duopoly, where firms differ in their research and development productivity, one firm being technologically advanced. We find that both firms can benefit and increase their profitability by entering into a voluntary information sharing agreement despite their asymmetry and highlight the conditions needed for such an agreement to take place.

Date: 2020
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