Add to ORKGThis paper provides a novel theory of research joint ventures for financially constrained firms. When firms choose R&D portfolios, an RJV can help to coordinate research efforts, reducing investments in duplicate projects. This can free up resources, increase the variety of pursued projects and thereby increase the probability of discovering the innovation. RJVs improve innovation outcomes when market competition is weak and external financing conditions are bad. An RJV may increase the innovation probability and nevertheless lower total R&D costs. RJVs that increase innovation tend to be profitable, but innovation-reducing RJVs also exist. Finally, we compare RJVs to innovation-enhancing mergers
Research joint ventures (RJVs) are projects that combine the research resources of different firms. ...
This paper identifies an overlooked implication of models of research joint ventures initiated by d'...
We analyze the impact of post-innovation knowledge spillovers on firms’ decisions to invest and coop...
This paper provides a novel theory of research joint ventures for financially constrained firms. Whe...
This paper provides a novel theory of research joint ventures for financially constrained firms. Whe...
Following our previous study that established the concept of limited technology transferability, thi...
This dissertation consists of two chapters of theoretical studies that investigate the effect of fin...
This paper examines a one-shot game where two symmetric incumbents are faced with possible entry int...
The literature on research joint ventures (RJVs) has emphasized internalizing spillovers and cost-sh...
We examine the incentives of firms to form vertical research joint ventures (RJVs) which enable an u...
In a Research Joint Venture (RJV) firms undertake joint research and coordinate their research strat...
The ability of firms to establish R&D collaborations that combine resources, exploit complementary k...
This study models research joint venture (RJV) innovations and market efficiency. If the RJV reduces...
This paper reexamines the limits of the firm in Research and Development (R&D). Using evidence drawn...
Research joint ventures (RJVs) have been viewed as one of the solutions to overcome the externality ...
Research joint ventures (RJVs) are projects that combine the research resources of different firms. ...
This paper identifies an overlooked implication of models of research joint ventures initiated by d'...
We analyze the impact of post-innovation knowledge spillovers on firms’ decisions to invest and coop...
This paper provides a novel theory of research joint ventures for financially constrained firms. Whe...
This paper provides a novel theory of research joint ventures for financially constrained firms. Whe...
Following our previous study that established the concept of limited technology transferability, thi...
This dissertation consists of two chapters of theoretical studies that investigate the effect of fin...
This paper examines a one-shot game where two symmetric incumbents are faced with possible entry int...
The literature on research joint ventures (RJVs) has emphasized internalizing spillovers and cost-sh...
We examine the incentives of firms to form vertical research joint ventures (RJVs) which enable an u...
In a Research Joint Venture (RJV) firms undertake joint research and coordinate their research strat...
The ability of firms to establish R&D collaborations that combine resources, exploit complementary k...
This study models research joint venture (RJV) innovations and market efficiency. If the RJV reduces...
This paper reexamines the limits of the firm in Research and Development (R&D). Using evidence drawn...
Research joint ventures (RJVs) have been viewed as one of the solutions to overcome the externality ...
Research joint ventures (RJVs) are projects that combine the research resources of different firms. ...
This paper identifies an overlooked implication of models of research joint ventures initiated by d'...
We analyze the impact of post-innovation knowledge spillovers on firms’ decisions to invest and coop...