How to promote R&D cooperation and R&D investment? KU Leuven
On the one hand, it is uncertain for firms to believe whether they benefit from keeping an ambivalent attitude towards R&D cooperation supported by government, causing a strategic dilemma of R&D cooperation. We investigate decision making in terms of maintaining or betraying R&D cooperation in high and low R&D intensity firms. Based on stochastic evolutionary game theory, we develop a novel decision-making model for betrayal ...