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A primer on R&D cooperation among firms

Marco Marinucci

No 130, Questioni di Economia e Finanza (Occasional Papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: This paper provides an introduction to the economic analysis of R&D cooperation among firms. Basing on some stylized facts, we survey the relevant theoretical literature in order to discuss the benefits and the costs that firms face when they cooperate in R&D. We then analyze the pros and the cons of R&D cooperation from a policy-making perspective. We find that R&D cooperation is usually considered welfare improving and can be promoted by several policies. Finally, we discuss paths of research not yet taken in the theoretical literature.

Keywords: R&D cooperation; R&D spillovers; welfare; innovation (search for similar items in EconPapers)
JEL-codes: L24 L40 O30 (search for similar items in EconPapers)
Date: 2012-09
New Economics Papers: this item is included in nep-com, nep-cse, nep-ino, nep-ppm and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (21)

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Persistent link: https://EconPapers.repec.org/RePEc:bdi:opques:qef_130_12

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