firms. Specifically, we explore the impact of vertical R&D cooperation on firms' process innovation, outputs, market prices … integrated industry. Contribution & Value Added: Firms' process innovation benefits from the vertical integration of the industry …

strive to institutionalize internal culture of innovation. This concept postulates a creation of various organizational …

Knowledge sub-system encompassing innovation, research and education is one of the key institutional domains that …

innovation and firm performance. Based on the industrial economics literature and the optimisation model, R&D competition, R … innovation compared with R&D competition. However, profit-maximising firms do not prefer the R&D competition strategy. They … with respect to the firm's investment in R&D. The social cost of R&D cartelisation is a loss of product innovation, and the …