Spillover, competition and better RD organization

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This paper examines several types of R&D organization, including one noncooperative (independent R&D) form and three cooperative ones (R&D coordination, an R&D consortium and a research joint venture (RJV)). We consider the sharing of both research inputs and outputs in an R&D consortium and an RJV. We show that the superiority of a form of R&D organization cannot be determined uniquely, but should be judged by four parameters. In addition, it is shown that there exist possible mixes of these parameters in which an R&D consortium is superior to either R&D coordination or an RJV in terms of technological improvement and social welfare. JEL Classification Numbers: L13, L41.
Publisher
BLACKWELL PUBL LTD
Issue Date
2000-09
Language
English
Article Type
Article
Keywords

RESEARCH JOINT VENTURES; COOPERATIVE RESEARCH; CONSORTIA; JAPAN

Citation

JAPANESE ECONOMIC REVIEW, v.51, no.3, pp.448 - 461

ISSN
1352-4739
URI
http://hdl.handle.net/10203/4124
Appears in Collection
MT-Journal Papers(저널논문)
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