@misc{12696,
  abstract     = {{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 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.}},
  author       = {{Buchmann, Tobias and Haering, Alexander and Kudic, Muhamed and Rothgang, Michael}},
  booktitle    = {{Journal of Innovation Economics & Management}},
  issn         = {{2032-5355}},
  keywords     = {{Collaboration, Economics of Innovation, experiment, Incentives, Public policy, R&D.}},
  number       = {{2}},
  pages        = {{191--222}},
  publisher    = {{De Boeck Université}},
  title        = {{{Overcoming Innovation Barriers along the Automotive Industry Value Chain – A Framed Experiment}}},
  doi          = {{10.3917/jie.044.0166}},
  volume       = {{44}},
  year         = {{2024}},
}