The Role of R&D Technology in Asymmetric Research Joint Ventures

Sami Dakhlia, Flavio Menezes and Akram Temimi
Additional contact information
Akram Temimi: University of Alabama

Microeconomics from University Library of Munich, Germany

Abstract: We characterize asymmetric equilibria in two-stage process innovation games and show that they are prevalent in the different models of R&D technology considered in the literature. Indeed, cooperation in R&D may be accompanied by high concentration in the product market. We show that while such an increase may be profitable, it may be socially inefficient.

Keywords: Research and Development; Research Joint Ventures; Process Innovation Games (search for similar items in EconPapers)
JEL-codes: D43 L1 O32 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2005-05-12
New Economics Papers: this item is included in nep-ind, nep-ino and nep-mic
Note: Type of Document - pdf; pages: 14
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://econwpa.ub.uni-muenchen.de/econ-wp/mic/papers/0505/0505003.pdf (application/pdf)

Related works:
Journal Article: THE ROLE OF R&D TECHNOLOGY IN ASYMMETRIC RESEARCH JOINT VENTURES (2006)
Working Paper: The role of R&D technology in asymmetric research joint ventures (2004)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpmi:0505003

Access Statistics for this paper

More papers in Microeconomics from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ().