Integration, Cooperation and the Financing of Innovation

Jean-Pierre Allegret and Philippe Dulbecco ()

No 199814, Working Papers from CERDI

Abstract: The purpose of this paper is to develop a joint analysis of the organizational and financial flexibility of the innovative firm. In this way, we complete by determinants linked to financing factors the choice between integration and inter-firms co-operative agreements. We deduce the superiority of co-operation to resolve the specialization-adaptability dilemma which faced the innovative firm.

Keywords: Cooperation; Integration; Innovation; Financing (search for similar items in EconPapers)
Pages: 20
Date: 1998
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Published in Revue d’Economie Industrielle, 1998, pages 7-26
Published in Revue d’Economie Industrielle

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