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Integrating Competition Policy and Innovation Policy: The Case of R&D Cooperation

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  • Georg von Graevenitz

    (INNO-tec, Munich School of Management)

Abstract

This paper considers the integration of competition policy and innovation policy in the context of R&D cooperation. An explicit comparison of the welfare losses under ex-ante and ex-post R&D cooperation reveals differing incentives to undertake R&D in both regimes. The strength of these incentives is related to the degree of product market competition. We show that there is a clear relationship between the degree of competition in the product market and the relative performance of firms under ex-ante and ex-post cooperation. We derive implications for the design of competition policy rules.

Suggested Citation

  • Georg von Graevenitz, 2005. "Integrating Competition Policy and Innovation Policy: The Case of R&D Cooperation," Industrial Organization 0503006, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpio:0503006
    Note: Type of Document - pdf; pages: 25
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    More about this item

    Keywords

    Competition Policy; Innovation Policy; R&D Cooperation; Licensing; Research Joint Venture; Oligopolistic R&D;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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