In this paper we show the effect of licensing on innovation and social welfare. We show that
firms always do non‐cooperative research and development (R&D) when there is licensing …

We investigate the incentive and welfare implications of a merger when heterogeneous
oligopolists compete both in process R&D and on the product market. We examine how a …

This paper studies incentives for cooperative research vis-à-vis non-cooperative research in
an incomplete information framework. We show that with quantity competition under …

This paper analyzes incentives for cooperative research for firms competing in the product
market. Contrary to the literature, we portray situations to show that non-cooperative R&D …

The core purpose of the studies to explain the impact of research and development activities
on cost management and Sales Growth in the context of textile industry of Pakistan. More …

In a set-up of two local firms and one foreign firm, we construct a model to capture the
dynamics of local industrial structure induced by formation and breakdown of cross-border …

We explain the rationale for share adjustment in an international joint venture (JV) and
opening up of a wholly owned subsidiary by the foreign JV partner. If the cost difference …

Abstract The SSR (1983, QJE) paper shows that in an oligopoly industry of k firms (k> 2) with
linear demand and identical (constant) average cost of production, a bilateral merger is …

The paper studies incentives for cooperative research vis-à-vis non-cooperative research
under incomplete information when the R&D outcome is stochastic and continuously …

We show the effects of entry by a non‐innovating firm on the innovating firms' incentive for
undertaking cooperative R & D, highlighting the implications of knowledge spillover. Entry by …