Product market objectives and the format
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Patrick Greenlee; Bruno Cassiman
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Article
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1999
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John Wiley and Sons
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English
⚖ 132 KB
👁 2 views
In this paper we extend the existing literature on research and development (R&D) investments and research joint ventures (RJVs) in two important ways. First, we analyze and compare the case where firms collude in the product market to the benchmark case of competition in the output market. Second,