A model of cooperative R&D; emphasis on R&D duplication and technology
Abstract
Recently there has been increasing concern about cooperative R&D which can be more socially efficient than R&D competition. Using asymmetric duopoly model, this dissertation will try to give some guidelines under which cooperative R&D is more beneficial to society. One project model will be developed in Chapter 1. Here the set of individual R&D technologies in which cooperative R&D is more socially efficient than competitive R&D. Furthermore the set of individual R&D technologies for the most efficient form of R&D will be derived. It will be shown that as the discrepancy between the individual R&D technologies becomes larger cooperative R&D is likely more efficient. In Chapter 2 two sequential projects will be analyzed. Here different forms of cooperative R&D will be considered. Then comparative analysis between competitive R&D and different forms of cooperative R&D and between cooperative R&Ds will be carried out. Again the set of individual R&D technologies for the most efficient form of R&D will be derived in the domain of the individual R&D technologies for the first project. It will be shown that the cooperative R&D only for the first project will be the most efficient if the R&D complementarities between the individual R&D technologies for the first project are large and if the splitting cost which will be assumed to be measured in terms of R&D efficiency for the next project is not significant. But if the splitting cost is high and the R&D complementarities between the R&D technologies after cooperative R&D for the previous project is high then continuous cooperative R&D will be the most efficient form of R&D.
Degree
Ph.D.
Advisors
Weinberg, Purdue University.
Subject Area
Economic theory
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