TY  - BOOK
AU  - Buchmann,Tobias
AU  -  Haering,Alexander
AU  -  Kudic,Muhamed
AU  -  Rothgang,Michael
TI  - Overcoming Innovation Barriers along the Automotive Industry Value Chain – A Framed Experiment
PY  - 2024///.
							
N1  - 98
N2  - The conditions under which R&D resources are allocated either to individual or collective R&D projects are largely unexplored. We contribute to closing this gap by asking under which conditions firms – each of which occupies a unique position along the automotive industry value chain – may overcome innovation barriers and spend scarce resources for collective R&D projects. We use a framed laboratory experiment to scrutinize the influence of different situations on the decision to spend the R&D budget for individual or collective R&D projects. The framing originates from a real-world case study of the massive metal forging industry. We identify constellations that support budget spending for collaborative purposes, e.g., sequential decision-making, which also increase the overall welfare, even in the case of unequally distributed R&D budgets.JEL Codes: O31, O32, C91
UR  - https://shs.cairn.info/journal-of-innovation-economics-2024-2-page-191?lang=en&redirect-ssocas=7080
ER  -