Abstract
In a recent paper, Barrett (Am Econ Rev 96(2):22–25, 2006) reaches the conclusion that in general the answer to the question in the title is no, except for a special case in which technology adoption involves increasing returns (network externalities). We show in this paper that a focus on the R&D phase in the development of breakthrough technologies can also increase the possibilities for cooperation.
Original language | English |
---|---|
Pages (from-to) | 395-406 |
Journal | Environmental & Resource Economics |
Volume | 47 |
Issue number | 3 |
Publication status | Published - 2010 |