DocumentCode :
2568781
Title :
Comparison of cooperative R&D arrangements among competitive firms
Author :
Sim, Jaeyong ; Bae, Moonsik
Author_Institution :
Technol. Strategy Planning Group, Electron. & Telecommun. Res. Inst., Taejon, South Korea
fYear :
1996
fDate :
18-20 Aug 1996
Firstpage :
616
Lastpage :
626
Abstract :
There has been a lot of research in the field of cooperative R&D and a lot has asserted that `cartelization´ dominates all other forms of cooperative R&D. But cartelization can harm both the competition and the consumer by facilitating collusion among the participating firms. This may be the reason why the suggestions of previous research could not be readily implemented in a real world. The authors´ model is built on the R&D classification of Kamien et al. (1992); R&D competition, R&D cartelization, RJV competition, and RJV cartelization, but with the consideration of input sharing in addition to output sharing. Furthermore, to fully explore the effect of competition they use a conjectural variation model instead of a conventional Cournot or Bertrand model. The focus of the analysis is to explore which type yields the best outcome when degree of competition, spillover rate, and input/output sharing rate are simultaneously considered. They show that unlike Kamien et al. (1992), a dominant type of R&D arrangement is not uniquely obtained, rather heavily depends on the parameters (degree of competition, spillover rate, and input/output sharing rate). RJV-competition that have the least desirable outcome in Kamien et al. (1992) may have the best outcome in an appropriate range of input sharing. Also it is shown that R&D-competition dominates all the other R&D arrangements under a low rate of spillover and high competition
Keywords :
economics; research and development management; R&D cartelization; R&D competition; RJV cartelization; RJV competition; competitive firms; conjectural variation model; consumer; cooperative R&D arrangements; input sharing; output sharing; spillover rate; Cost function; International collaboration; Investments; Production; Research and development; Senior members; Strategic planning; Technology planning; Virtual enterprises;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Engineering and Technology Management, 1996. IEMC 96. Proceedings., International Conference on
Conference_Location :
Vancouver, BC
Print_ISBN :
0-7803-3552-X
Type :
conf
DOI :
10.1109/IEMC.1996.547890
Filename :
547890
Link To Document :
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