Uncertain R&D Outcomes and Cooperation in R&D

Abhishek Kabiraj and Tarun Kabiraj

MPRA Paper from University Library of Munich, Germany

Abstract: The present paper provides a brief survey of some of the papers dealing with R&D uncertainty. This helps us identify which factors are more favorable for cooperative R&D and which factors are not. The paper provides the analysis under a unified framework. We take the classic paper by Marjit (1991) as the benchmark case, and then proceeds to examine whether, or to what extent, Marjit result will undergo a change with respect to different assumptions related to R&D investment.

Keywords: R&D organization; Cooperative and non-cooperative research; Research joint venture; knowledge sharing; technology licensing, Cournot competition (search for similar items in EconPapers)
JEL-codes: D43 L13 O32 (search for similar items in EconPapers)
Date: 2019-01-31
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:94676

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