Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/85237
Authors: 
Inkmann, Joachim
Year of Publication: 
2000
Series/Report no.: 
CoFE Discussion Paper 00/02
Abstract: 
This paper introduces a second, vertically related industry into the usual one-industry oligopoly framework of cooperative R&D investment between firms operating on the same product market. R&D efforts are affected by intra- and inter-industry R&D spillovers. Horizontal and vertical R&D cooperation scenarios are compared to R&D competition. It turns out that vertical R&D cooperation is usually the only stable equilibrium in the sense that no firm has an incentive to chose any other R&D scenario. Empirical implications concerning the relationship between R&D intensities and R&D spillovers are derived and empirical evi-dence is given using data of German manufacturing firms.
JEL: 
O31
L13
C21
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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