Horizontal R and D cooperation and spillovers : evidence from France | Versaevel, Bruno (19..-....)
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Horizontal R and D cooperation and spillovers : evidence from France

in Economics Bulletin, 15 (19)

ISSN : 1545-2921

Versaevel, Bruno (19..-....) ; Vencatachellum, Désiré

Voir la revue «Economics Bulletin»

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.

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