On the Choice of R&D Organization
Abhishek Kabiraj and
MPRA Paper from University Library of Munich, Germany
This paper seeks to examine, in the context of Marjit (1991, Eco. Lett.) and Mukherjee and Marjit (2004, Gr. Dec. Nego.) models, the effect on the choice of R&D organization if the number of research lab is chosen by the firms optimally under R&D cooperation. Given the optimal form of R&D cooperation, the paper further studies the effect of introducing fee licensing under non-cooperative R&D. We show that our results substantially differ from those in the existing literature. The R&D cost, the success probability, and the size of innovation, all these play a crucial role.
Keywords: R&D organization; Cooperative and non-cooperative research; Technology licensing; Cournot competition (search for similar items in EconPapers)
JEL-codes: D43 L13 O32 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ino and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:87503
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