r&d

The authors present evidence for the semiconductor industry that research joint ventures (RJVs) indeed represent viable alternatives to mergers. They present evidence that joint ventures, and in particular, RJVs, may achieve comparable efficiencies possibly without the anti-competitive (market power) effects of mergers.

The authors construct a simple model with horizontally differentiated consumer goods, where each firm may invest in quality-improving research and development (R&D) to address issues of cooperative and non-cooperative R&D policy.

According to the authors, empirical evidence strongly suggests that research and development (R&D) increases a firms absorptive capacity as well as contributing directly to profitability. The authors specify a general model of the absorptive capacity process and show that costly absorption both raises the effectiveness of own R&D and lowers the effective spillover coefficient.

The paper provides an overview of the survey-based literature on industrial research and development (R&D) laboratories, beginning with the work of Edwin Mansfield. Topics covered include R&D projects, new products, and new processes; the appropriability of intellectual property; the limits of the firm in R&D; and spillovers of knowledge from other firms and universities into the laboratories.

The study explicitly takes into account that the decision to enter into an external research and development (R&D) relationship is related to an antecedent decision to carry out R&D. Based on a sample of Italian manufacturing firms, the results confirm the need to consider explicitly the selectivity issue in the empirical analysis of external R&D.

The paper analyzes the effects of public subsidies on research and development (R&D) expenditure in the German manufacturing sector. The focus is on the question whether public R&D funding stimulates or crowds out private investment.

The paper models the formation of R&D networks in an oligopolistic industry. In particular, it focuses on the co-evolutionary process involving firms technological capabilities, market structure and the network of interfirm technological agreements.

The paper presents evidence that in Europe, production of high-tech goods is attracted to large markets, while research and development (R&D) activities tend to be located away from them. In order to explain this phenomenon, the authors develop a two-country general equilibrium model where firms make separate choices about the location of R&D and high-tech production.

The authors study the optimal policies of research and development in the context of a resource-exploiting economy, distinguishing two cases: non-renewable resources and renewable resources.

The paper analyzes the incentives for governments to impose export subsidies when firms invest in a cost saving technology before market competition. The authors find that for sufficiently cost effective research and development governments subsidize exports independently of the mode of competition. This suggests that export subsidies are more robust to the type of the market competition than implied by the recent literature.