G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13533
DP13533 Do Research Joint Ventures Serve a Collusive Function?
Michelle Sovinsky; Eric Helland
发表日期2019-02-15
出版年2019
语种英语
摘要Every year thousands of firms are engaged in research joint ventures (RJV), where knowledge gained through R&D is shared among members. Many members are rivals leaving open the possibility that firms form RJVs to facilitate product collusion. We exploit variation in RJV formation generated by a policy change that affects the collusive benefits but not the research synergies of a RJV. Estimates from our RJV participation equation indicate participation is impacted by the policy change. The magnitude is significant with an average drop in the probability of joining of 30%. Our results are consistent with RJVs serving a collusive function.
主题Industrial Organization
URLhttps://cepr.org/publications/dp13533
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/542349
推荐引用方式
GB/T 7714
Michelle Sovinsky,Eric Helland. DP13533 Do Research Joint Ventures Serve a Collusive Function?. 2019.
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