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R&D Spillovers through RJV Cooperation

Tomaso Duso and Albert Banal-Estanol
Authors registered in the RePEc Author Service: Florian Szücs and Jo Seldeslachts

No 15155, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: We investigate the dimensions through which R&D spillovers are propagated across ï¬ rms via cooperation through Research Joint Ventures (RJVs). We build on the framework developed by Bloom et al. (2013) which considers the opposing effects of technology spillovers and product market rivalry, and extend it to account for RJVs. Our main ï¬ ndings are that the adverse effects of product market rivalry are mitigated if ï¬ rms cooperate in RJVs and that R&D spending is reduced among technologically close RJV participants.

Keywords: Spillovers; R&d; Research joint ventures; Market value; Patents (search for similar items in EconPapers)
JEL-codes: K21 L24 L44 O32 (search for similar items in EconPapers)
Date: 2020-08
New Economics Papers: this item is included in nep-com
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Journal Article: R&D spillovers through RJV cooperation (2022) Downloads
Journal Article: R&D Spillovers through RJV Cooperation (2022) Downloads
Working Paper: R&D Spillovers through RJV Cooperation (2022) Downloads
Working Paper: R&D Spillovers through RJV Cooperation (2020) Downloads
Working Paper: R&D Spillovers throught RJV Cooperation (2020) Downloads
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