An economic analysis of R & D joint ventures
- 1 December 1986
- journal article
- research article
- Published by Wiley in Managerial and Decision Economics
- Vol. 7 (4) , 263-266
- https://doi.org/10.1002/mde.4090070408
Abstract
A graphical model of co‐operative R & D activity is presented, from which outcomes of R & D joint ventures are posited. The analysis predicts that R & D spending will increase as a result of co‐operation and that the increment will tend to be in basic research more than applied or development.Keywords
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