R&D cooperation and R&D intensity: theory and micro-econometric evidence for german manufacturing industries

Arbeitspapier

This paper develops a three stage oligopoly game for R&D cooperation, R&D expenditure and product market competition. In the first stage, firms decide whether or not to conduct R&D in cooperation with other firms. In the second stage the level of R&D investment is determined. Finally, firms compete in a Cournot?oligopoly product market. While earlier models on R&D cooperation only considered process innovation, the model presented here also takes product innovation into account. It is shown that the optimal R&D investment has virtually the same structure for both process and product innovation. The main hypothesis of our theoretical model are tested in the empirical part of this paper.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: ZEW Discussion Papers ; No. 98-32

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Single Equation Models; Single Variables: Truncated and Censored Models; Switching Regression Models; Threshold Regression Models ; Oligopoly and Other Imperfect Markets ; Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities ; Innovation and Invention: Processes and Incentives
• Thema: R&D cooperation ; R&D intensity ; spillovers ; nested logit model ; Minimum Distance Estimator ; Industrielle Forschung ; Forschungskooperation ; Forschungskosten ; Spillover-Effekt ; Oligopol ; Schätzung ; Theorie ; Deutschland

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Kaiser, Ulrich ; Licht, Georg
• Ereignis: Veröffentlichung
• (wer): Zentrum für Europäische Wirtschaftsforschung (ZEW)
• (wo): Mannheim
• (wann): 1998

Weitere Informationen

• Handle: http://hdl.handle.net/10419/24278
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ