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Title:
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Domestic and International Research Joint Ventures: The Effect of Collusion
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Author:
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Flores-Fillol, Ricardo; Ibañez-Zarate, Guiomar; Theilen, Bernd, 1965-
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Other authors:
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Universitat Rovira i Virgili. Departament d'Economia; Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública |
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Abstract:
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We analyze the effect of research joint ventures (RJVs) on consumer welfare in an
international context when collusion can occur. The main novelty of our analysis is to
study the differentiated effect of domestic and international RJVs. The recent literature shows that RJVs with collusion harm consumers. However, our results introduce a
qualifi cation to this statement: international RJVs with collusion might be bene ficial for
consumers when internationalization costs are high. The EU and US competition policy
advises against RJVs that facilitate collusion on the grounds of their expected negative
effects. Our results suggest that antitrust authorities should distinguish between domestic and international RJVs and, in certain cases, be more benevolent with international
RJVs.
Keywords: collusion; domestic research joint venture; international research joint venture
JEL Classi fication Numbers: K21, L24, L44, O32 |
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Publication date:
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2013 |
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Subject (UDC):
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33 - Economia |
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Subject(s):
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Competència econòmica -- Dret i legislació
Aliança d'empreses
Innovacions tecnològiques -- Direcció i administració
Investigació industrial -- Direcció i administració |
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Rights:
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L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by-nc-nd/3.0/es/ |
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Pages:
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25 p. |
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Document type:
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Working Paper |
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Published by:
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Universitat Rovira i Virgili. Departament d'Economia
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Collection:
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Documents de treball del Departament d'Economia;2013-07
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