A graphical model of co‐operative R & D activity is presented, from which outcomes of R & D joint ventures are posited. The analysis predicts that R & D spending will increase as a result of co‐operation and that the increment will tend to be in basic research more than applied or development.
ASJC Scopus subject areas
- Business and International Management
- Strategy and Management
- Management Science and Operations Research
- Management of Technology and Innovation