Titlebook: Competition, Cooperation, Research and Development; The Economics of Res Joanna A. Poyago-Theotoky (Lecturer in Economics) Book 1997 Palgra

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Dynamic Cooperation in R&D,ll as ease the excessive burden of exploding R&D expenditures on their budgets. Thus, in addition to direct competition, firms have increasingly utilized various forms of vertical and horizontal cooperative agreements (strategic alliances) to pursue their competitive objectives.