Citation

Discussion Paper Details

Please find the details for DP15155 in an easy to copy and paste format below:

Full Details   |   Bibliographic Reference

Full Details

Title: R&D Spillovers through RJV Cooperation

Author(s): Albert Banal-Estanol, Tomaso Duso, Jo Seldeslachts and Florian Szücs

Publication Date: August 2020

Keyword(s): Market value, patents, R&D, Research Joint Ventures and Spillovers

Programme Area(s): Industrial Organization

Abstract: We investigate the dimensions through which R&D spillovers are propagated across fi?rms via cooperation through Research Joint Ventures (RJVs). We build on the framework developed by Bloom et al. (2013) which considers the opposing effects of technology spillovers and product market rivalry, and extend it to account for RJVs. Our main fi?ndings are that the adverse effects of product market rivalry are mitigated if fi?rms cooperate in RJVs and that R&D spending is reduced among technologically close RJV participants.

For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=15155

Bibliographic Reference

Banal-Estanol, A, Duso, T, Seldeslachts, J and Szücs, F. 2020. 'R&D Spillovers through RJV Cooperation'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=15155