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- W2054747753 abstract "We examine the impact of an increase in technological asymmetry on the success of joint product development ventures, with a view to exploring the free-riding problems inherent in cooperative R&D. We find that if technological diversity increases, then the chances that a joint venture forms at all is reduced. Given that a joint venture forms, however, an increase in technological diversity increases the probability of success. The increase in the effort stream under cooperative R&D is, however, less than the increase in the efficient effort stream, so that the gap between the two increases." @default.
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- W2054747753 date "1995-03-01" @default.
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- W2054747753 title "Technological asymmetry and joint product development" @default.
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- W2054747753 doi "https://doi.org/10.1016/0167-7187(94)00444-7" @default.
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