R&D cooperation, asymmetric technological capabilities and rationale for technology parks

Starting from the premise that firms are distinct in terms of their capacity to create radical product innovations, the present paper attempts to explore how firms choose between different forms of R&D cooperation and their consequences for social welfare. It studies a duopolistic market, where firms have to choose between R&D competition, a cost sharing alliance, an information sharing alliance or an R&D cartel. The paper demonstrates that asymmetry has an impact on alliance choice and social welfare. With similar firms, the cost sharing alliance will be preferred to R&D competition or any other form of collaboration. With significant asymmetry no alliance may be formed. In terms of social welfare, any alliance is preferable to R&D competition and the R&D cartel is the best. Given this inherent contradiction between private preferences and optimal social choice, the paper provides a rationale for public investment in terms of science and technology parks to promote R&D cartels. --R&D competition,R&D cooperation,technology parks

Voluntary agreements and community development as CSR in innovation strategies

The present paper examines how an innovating firm decides between two forms of voluntary agreements (VA) in a context, where a non-governmental organization (NGO) rather than a regulator watches over citizens' interests. The innovation generates profit and consumer surplus as well as environmental damage. Corporate social responsibility (CSR) within the innovation process is considered in terms of a redistribution of profit towards community development, with or without additional abatement efforts via a VA. Bargaining between firm and NGO yields the amount allocated to community development. The model demonstrates that the firm's choice of VA hinges on the tradeoffs between appropriating the full innovation profit and paying a higher lump sum towards community development or sacrificing some of the innovation profit by lowering innovation effort, but gaining in terms of paying a lesser amount towards community development. CSR with abatement is unlikely in the case of radical innovations. There is also a clear divergence of interests between the firm, the NGO and the State for some parameter configurations, which are duly identified.Corporate social responsibility, voluntary agreements, community development, donations, innovation

A new method for computation of QCD thermodynamics: EOS, specific heat and speed of sound

We propose a new variant of the operator method for the computation of the equation of state of QCD, which yields positive pressure for all temperatures and all values of temporal lattice spacings. Using this new method, we calculate the continuum limit of pressure, energy density, entropy density, specific heat, and the speed of sound, in quenched QCD, for 0.9 \le T/T_c \le 3.Comment: Talk given at Lattice 2005 (nonzero temperature and density), uses PoS.cl

Power-Law Wave Functions and Generalized Parton Distributions for Pion

We propose a model for generalized parton distributions of the pion based on the power-law ansatz for the effective light-cone wave function.Comment: 27 pages, Latex; Revised and Extended Version, to be published in Phys. Rev.