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Spillover, Competition and Better R&D Organization

Yun, KyoungLim ; Park, Yong‐Sam ; Ahn, Byong‐Hun

Japanese economic review (Oxford, England), 2000-09, Vol.51 (3), p.448-461 [Peer Reviewed Journal]

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  • Title:
    Spillover, Competition and Better R&D Organization
  • Author: Yun, KyoungLim ; Park, Yong‐Sam ; Ahn, Byong‐Hun
  • Is Part Of: Japanese economic review (Oxford, England), 2000-09, Vol.51 (3), p.448-461
  • Description: 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: Oxford, UK and Boston, USA: Blackwell Publishers Ltd
  • Language: English
  • Identifier: ISSN: 1352-4739
    EISSN: 1468-5876
    DOI: 10.1111/1468-5876.00162

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