Nicholas S. Vonortas
Ashgate
Hardback
272
1991
The author investigates the foundations of the increased attention to inter-firm collaboration in R&D in developed market economies. The analysis confirms the ability of multi-party cooperatives for generic research to promote competition in various market and technology settings akin to R&D-Intensive but somewhat mature industries. In numerous operating environments cooperation can rectify insufficient incentives to invest in relatively inappropriate generic research. Moreover joint ventures for precompetitive research frequently intensify incentives among their clientele to expand in-house development research and thus can be effective in inducing enhanced levels of production.
Ashgate
Hardback
272
1991
The author investigates the foundations of the increased attention to inter-firm collaboration in R&D in developed market economies. The analysis confirms the ability of multi-party cooperatives for generic research to promote competition in various market and technology settings akin to R&D-Intensive but somewhat mature industries. In numerous operating environments cooperation can rectify insufficient incentives to invest in relatively inappropriate generic research. Moreover joint ventures for precompetitive research frequently intensify incentives among their clientele to expand in-house development research and thus can be effective in inducing enhanced levels of production.