Template-type: ReDif-Paper 1.0 Author-Name: Wegberg,Marc,van Author-workplace-name: METEOR Title: Cooperation between research companies and manufacturing firms : the choice between market contract, vertical merger, and an R & D - alliance Abstract: In the information technology industries there are several instances of a division of labour between research companies and manufacturers, who apply the researcher''s know how in production. Firms use several different ways to organise the decision making and transfer of know how. The paper compares a market transaction, where know how is sold for a license fee, to two modes of cooperation: a merger and an R&D alliance. Keywords: industrial organization ; Series: Research Memoranda Creation-Date: 1995 Number: 006 File-URL: http://arnop.unimaas.nl/show.cgi?fid=490 File-Format: application/pdf File-Size: 504297 Handle: RePEc:unm:umamet:1995006