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Bruno Versaevel and Désiré Vencatachellum
''Horizontal R and D cooperation and spillovers: evidence from France''
( 2008, Vol. 15 No.19 )
We test the theoretical prediction that inter-firm spillovers must necessarily be large for the profit differential between cooperation and non-cooperation in R and D to be monotone increasing with them. By using the French data from the 2002 Community Innovation Survey, we find that spillovers have a significant positive impact on the likelihood that competitors cooperate horizontally in R and D only if these spillovers exceed a threshold. Both the value and the significance of estimates increase with the flow of information firms report receiving from competitors.
Keywords: Cooperation
JEL: O3 - Technological Change; Research and Development: General
Manuscript Received : Sep 12 2008 Manuscript Accepted : Nov 02 2008

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