Vertical integration and R&D spillovers
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Vertical integration and R&D spillovers is there a need for "firewalls"? by Chrysovalantou Milliou

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Published by European University Institute in San Domenico .
Written in English


  • Vertical integration.,
  • Research, Industrial.,
  • Technology transfer.

Book details:

Edition Notes

Other titlesVertical integration and research & development spillovers, Vertical integration and research and development spillovers
StatementChrysovalantou Milliou.
SeriesEUI working papers -- no. 2001/17, EUI working paper -- no.2001/17
ContributionsEuropean University Institute. Dept. of Economics.
The Physical Object
Pagination23 p. ;
Number of Pages23
ID Numbers
Open LibraryOL19158506M

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Keywords: Vertical integration; Information flow; Firewalls; R&D spillovers 1. Introduction There has been a recent resurgence of interest in the potential anticompetitive effects of vertical mergers. The Antitrust Division of the Department of Justice (DOJ) and the Federal Trade Commission (FTC) of the United States have intervened in a series of. The R&D investments of the nonintegrated firm decrease as the degree of spillovers k increases, for 0⩽k⩽1. (ii) The R&D investments of the integrated firm increase as the degree of spillovers k increases, for all k⩽max{1, k̂}, where k̂>k cr, and are always higher under Cited by: The purpose of the second essay, entitled “Vertical R&D spillovers, cooperation, market structure, and innovation” is to study vertical R&D spillovers between upstream and downstream by: 1.   One of the basic results of the strategic investment literature is that cooperation between competitors decreases R&D when horizontal spillovers are low; the model shows that this result does not necessarily hold when vertical spillovers are sufficiently high, and/or when horizontal cooperation is combined with vertical cooperation.

Vertical spillovers always increase R&D and welfare, while horizontal spillovers may increase or decrease them. The comparison of cooperative settings in terms of R&D shows that no setting uniformly dominates the others. Which type of cooperation yields more R&D depends on horizontal and vertical spillovers, and market structure. Given developing countries’ dependence on foreign direct investment (FDI) Vertical and Horizontal Spillovers from Foreign Direct Investment: Evidence from Malaysian Manufacturing about the technological capability of local firms, government policies on technology, human resource, education, and R&D should address this. Strategic Investments with Spillovers, Vertical Integration and Foreclosure in the Broadband Access Market * Øystein Foros** Norwegian School of Economics and Business Administration/ Telenor R&D June Discussion paper 13/02 Abstract We analyse competition between two firms (ISPs) in the retail market for broadband access. One of the firms is. Strategic vertical integration may occur whereby the upstream incumbent integrates with a downstream firm to discourage or even preempt downstream disruptive R&D. Depending on the R&D costs.

In this section, we study how vertical integration affects the R&D incentives when only one firm is capable of conducting R&D, referred to as standalone R&D. This is helpful for understanding the effects of vertical integration when firms compete in R&D, which we . the introduction of process R&D with vertical spillover changes the received result of the superior social performance of vertical integration when there are imperfectly competitive firms. The paper is organized around the model of process vertical R&D with. T1 - Vertically Integrated Multinationals and Productivity Spillovers. AU - Clementi, Federico. AU - Bergmann, Friedrich. PY - Y1 - N2 - How does the activity of foreign multinationals affect the competitiveness of local companies in the host countries? Vertical integration and R&D information flow: is there a need for ‘firewalls’? Chrysovalantou Millioua,b,* aDepartment of Economics, European University Institute, Via della Piazzu Florence, Italy bDepartment of Economics, Universidad Carlos III de Madrid, Calle Madrid , Getafe Madrid, Spain Received 23 January ; received in revised form 30 December