Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/154890 
Year of Publication: 
1998
Series/Report no.: 
Nota di Lavoro No. 32.1998
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
Allowing firms to cooperate in their R&D is an industrial policy, which has received much attention in recent economics literature. Many of these contributions are based on the seminal analysis of d'Aspremont and Jacquemin (1988). We provide a general version of their model, which encompasses several recent contributions in the literature. With this general model we then examine the main arguments against and in favour of sustaining R&D cooperatives.
Subjects: 
Differentiated oligopoly
Cournot competition
Bertrand competition
Spillovers
JEL: 
D43
L13
L41
Document Type: 
Working Paper

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