@techreport{Kaiser1998cooperation,
abstract = {This paper develops a three stage oligopoly game for R&D cooperation, R&D expenditure and product market competition. In the first stage, firms decide whether or not to conduct R&D in cooperation with other firms. In the second stage the level of R&D investment is determined. Finally, firms compete in a Cournot?oligopoly product market. While earlier models on R&D cooperation only considered process innovation, the model presented here also takes product innovation into account. It is shown that the optimal R&D investment has virtually the same structure for both process and product innovation. The main hypothesis of our theoretical model are tested in the empirical part of this
paper.},
address = {Mannheim},
author = {Ulrich Kaiser and Georg Licht},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {C24; L13; C25; O31; 330; R&D cooperation; R&D intensity; spillovers; nested logit model; Minimum Distance Estimator; Industrielle Forschung; Forschungskooperation; Forschungskosten; Spillover-Effekt; Oligopol; Sch\"{a}tzung; Theorie; Deutschland},
language = {eng},
number = {98-32},
publisher = {Zentrum f\"{u}r Europ\"{a}ische Wirtschaftsforschung (ZEW)},
title = {R&D cooperation and R&D intensity: theory and micro-econometric evidence for german manufacturing industries},
type = {ZEW Discussion Papers},
url = {http://hdl.handle.net/10419/24278},
year = {1998}
}
