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Knowledge spillover and information sharing: the case of uncertain R&D

Research output: Contribution to journalJournal article

Published
<mark>Journal publication date</mark>2007
<mark>Journal</mark>The Indian Economic Journal
Issue number1
Volume55
Number of pages7
Pages (from-to)157-163
Publication statusPublished
Original languageEnglish

Abstract

We show the effects of “knowledge spillover at the R&D stage” and “no knowledge spillover at the R&D stage but information sharing after R&D” on the equilibrium R&D investments. For large knowledge spillover, the equilibrium R&D investments are higher under no knowledge spillover but information sharing compared to knowledge spillover at the R&D stage. However, these two regimes can generate the same outcome for small knowledge spillover.