2012 / 03 Competitive and Harmonised R & D Policies for International R & D Alliances involving Asymmetric Firms

Content Provider	Semantic Scholar
Author	Teerasuwannajak, Talerngsri Falvey, Rod
Copyright Year	2012
Abstract	We examine research and development (R&D) policies when a national firm forms an R&D alliance with a foreign competitor. Firms differ in their R&D capabilities, and adopt a profitsharing rule when R&D decisions are coordinated. National R&D tax/subsidy policies are set independently or harmonised. When firms coodinate their R&D decisions and governments choose R&D policies independently, R&D taxes are chosen. But there is no intervention if policies are harmonised. These policy outcomes affect the types of R&D alliance choosen. Agreements to share R&D information may be preferred to those combining coordination of R&D decisions and information sharing because of the R&D tax that coordination attracts. JEL Classification: F13, O32, O38, L13, D43
File Format	PDF HTM / HTML
Alternate Webpage(s)	https://www.nottingham.ac.uk/gep/documents/papers/2012/12-03.pdf
Language	English
Access Restriction	Open
Subject Keyword	Government Policy Research and Development
Content Type	Text
Resource Type	Article