Project choice and risk in R&D

Journal of Industrial Economics

Volumn 53, Issue 1, 2005, Pages 53-81

  Cjerlach, Heiko A ^a   Røndef, Thomas ^b   Stahl, Konrad ^c  

^a UNIVERSITY OF AUCKLAND   (New Zealand)

^b UNIVERSITY OF COPENHAGEN   (Denmark)

^c UNIVERSITY OF MANNHEIM   (Germany)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 16644391477     PISSN: 00221821     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.0022-1821.2005.00245.x     Document Type: Article

References (21)

1. Ansell, J. and Sparkes, K., 1999, R&D Portfolio Analysis: Therapeutic Focus of the Top 50 Pharmaceutical Companies (Decision Resources, Inc.)
2. d'Aspremont, C.; Gabszewicz, J. J. and Thisse, J. -F., 1979, 'On Hotellings Stability in Competition,' Econometrica, 47, pp. 1,145-1,150.
3. Bester, H., 1998, 'Quality Uncertainty Mitigates Product Differentiation,' Rand Journal of Economics, 29, pp. 828-844.
4. Bhattacharya, S. and Mookherjee, D., 1986, 'Portfolio Choice in Research and Development,' Rand Journal of Economics, 17, pp. 594-606.
5. Cabral, L., 2003, 'R&D Competition when Firms Choose Variance,' Journal of Economics and Management Strategy, 12, pp. 139-150.
6. Cardon, J. H. and Sasaki, D., 1998, 'Preemptive Search and R&D Clustering,' Rand Journal of Economics, 29, pp. 324-338.
7. Choi, J. P., 1993, 'Cooperative R&D with Product Market Competition, ' International Journal of Industrial Organization, 11, pp. 553-571.
8. Dasgupta, P. and Maskin, E., 1987, 'The Simple Economics of Research Portfolios,' The Economic Journal, 97, pp. 581-595.
9. Duranton, G., 2000, 'Cumulative Investment and Spillovers in the Formation of Technological Landscapes,' The Journal of Industrial Economics, 48, pp. 205-213.
10. Harter, J. F. R., 1993, 'Differentiated Products with R&D,' The Journal of Industrial Economics, 41, pp. 19-28.
11. Himmelberg, C. P. and Petersen, B. C., 1994, 'R&D and Internal Finance: A Panel Study of Small Firms in High-Tech Industries,' The Review of Economics and Statistics, 76, pp. 38-51.
12. Hotelling, H., 1929, 'Stability in Competition,' The Economic Journal, 39, pp. 41-57.
13. Irmen, A. and Thisse, J. -F., 1998, 'Competition in Multi-Characteristic Spaces: Hotelling Was Almost Right,' Journal of Economic Theory, 78, pp. 76-102.
14. Kamien, M.; Mueller, E. and Zang, I., 1992, 'Research Joint Ventures and R&D Cartels,' American Economic Review, 82, pp. 1293-1306.
15. Kamien, M. and Schwartz, N., 1978, 'Self-financing of an R&D Project,' American Economic Review, 68, pp. 252-261.
16. Mai, C. -C. and Peng, S. -K., 1985, 'Cooperation vs. Competition in a Spatial Model,' Regional Science and Urban Economics, 29, pp. 463-472.
17. Mansfield, E., 1985, 'How Rapidly Does New Industrial Technology Leak Out?,' The Journal of Industrial Economics, 34, pp. 217-223.
18. Neven, D. and Thisse, J. -F., 1990, 'On Quality and Variety Competition, ' in: Gabszewicz, J. J.; Richard, R. F. and Wolsey, L. (eds.), Games, Econometrics, and Optimization. Contributions in the Honour of Jacques Dreze (North Holland, Amsterdam).
19. O'Donoghue, T.; Scotchmer, S. and Thisse, J. -F., 1990, 'Patent Breadth, Patent Life, and the Pace of Technological Progress,' Journal of Economics and Management Strategy, 7, pp. 1-32.
20. Salop, S., 1979, 'Monopolistic Competition with Outside Goods,' Bell Journal of Economics, 10, pp. 141-156.
21. Vettas, N., 1999, 'Location as a Signal of Quality,' CEPR Discussion Paper Series (Industrial Organization), No. 2, 165.