As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies. Learn more about membership...
The Entrepreneurs Mode of Entry: Business Takeover or New Venture Start?
This paper describes an educational experiment that illustrates the research and development investment incentives facing firms when technological spillovers are present. The experiment involves two stages in which sellers first make investment decisions then production decisions. The exercise can be used to motivate discussions of research joint ventures, the free-rider problem, collusion, and antitrust policy regarding research and development.
Geography
Link
http://econpapers.repec.org/paper/dgruvatin/20060081.htm