Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/94122
Authors: 
von Graevenitz, Georg
Year of Publication: 
2005
Series/Report no.: 
SFB/TR 15 Discussion Paper 35
Abstract: 
I develop a model of R&D cooperation with uncertain research outcomes. In this model asymmetric outcomes of R&D competition emerge naturally. Therefore ex-ante and ex-post R&D cooperation can be studied as alternatives for firms. Using this model I compare welfare losses under ex-ante and ex-post R&D cooperation as the degree of product market competition varies. It emerges that the relative size of these welfare losses is monotonically related to the degree of product market competition and the degree of technological opportunity. The implications of these results for the interaction of competition policy and innovation policy are discussed.
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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