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Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/23051
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dc.contributor.authorHerbst, Patricken_UK
dc.contributor.authorWalz, Uween_UK
dc.date.accessioned2017-04-20T22:26:55Z-
dc.date.available2017-04-20T22:26:55Z-
dc.date.issued2017-01en_UK
dc.identifier.urihttp://hdl.handle.net/1893/23051-
dc.description.abstractSuppliers play a major role in firms' innovation processes. We analyse ownership and technology choices in vertical R&D collaborations. Under non-contractible R&D outcomes, trade-offs arise between R&D specifically designed towards a manufacturer (increasing investment productivity) and a general technology (hold-up reduction). Stronger downstream competition shifts optimal ownership towards the supplier and favours contracting over ownership rather than specific performance contracts. Downstream ownership is combined with the specific technology if the supplier's expertise is more pronounced or the specific technology is more productive. Contracts incorporating exit clauses increase the gains from collaborations.en_UK
dc.language.isoenen_UK
dc.publisherWiley-Blackwell for the London School of Economics and Political Scienceen_UK
dc.relationHerbst P & Walz U (2017) The Design of Vertical R&D Collaborations. Economica, 84 (333), pp. 54-77. https://doi.org/10.1111/ecca.12183en_UK
dc.rightsThis item has been embargoed for a period. During the embargo please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study. This is the peer reviewed version of the following article: Herbst, P. and Walz, U. (2016), The Design of Vertical R&D Collaborations. Economica. doi: 10.1111/ecca.12183, which will be published in final form at http://onlinelibrary.wiley.com/doi/10.1111/ecca.12183/abstract. This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.en_UK
dc.titleThe Design of Vertical R&D Collaborationsen_UK
dc.typeJournal Articleen_UK
dc.rights.embargodate2018-04-09en_UK
dc.rights.embargoreason[r_d_organization.pdf] Publisher requires embargo of 24 months after formal publication.en_UK
dc.identifier.doi10.1111/ecca.12183en_UK
dc.citation.jtitleEconomicaen_UK
dc.citation.issn1468-0335en_UK
dc.citation.issn0013-0427en_UK
dc.citation.volume84en_UK
dc.citation.issue333en_UK
dc.citation.spage54en_UK
dc.citation.epage77en_UK
dc.citation.publicationstatusPublisheden_UK
dc.citation.peerreviewedRefereeden_UK
dc.type.statusAM - Accepted Manuscripten_UK
dc.author.emailpatrick.herbst@stir.ac.uken_UK
dc.citation.date08/04/2016en_UK
dc.contributor.affiliationAccounting & Financeen_UK
dc.contributor.affiliationGoethe University Frankfurten_UK
dc.identifier.isiWOS:000396373300004en_UK
dc.identifier.scopusid2-s2.0-84963808190en_UK
dc.identifier.wtid574686en_UK
dc.contributor.orcid0000-0003-2916-7456en_UK
dc.date.accepted2016-03-31en_UK
dcterms.dateAccepted2016-03-31en_UK
dc.date.filedepositdate2016-05-04en_UK
rioxxterms.apcnot requireden_UK
rioxxterms.typeJournal Article/Reviewen_UK
rioxxterms.versionAMen_UK
local.rioxx.authorHerbst, Patrick|0000-0003-2916-7456en_UK
local.rioxx.authorWalz, Uwe|en_UK
local.rioxx.projectInternal Project|University of Stirling|https://isni.org/isni/0000000122484331en_UK
local.rioxx.freetoreaddate2018-04-09en_UK
local.rioxx.licencehttp://www.rioxx.net/licenses/under-embargo-all-rights-reserved||2018-04-08en_UK
local.rioxx.licencehttp://www.rioxx.net/licenses/all-rights-reserved|2018-04-09|en_UK
local.rioxx.filenamer_d_organization.pdfen_UK
local.rioxx.filecount1en_UK
local.rioxx.source0013-0427en_UK
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