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Abstract:
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We briefly review the rationale behind technological alliances and provide a snapshot of
their role in global competition, especially insofar as it is based around intellectual capital.
They nicely illustrate the increased importance of horizontal agreements and thus
establish the relevance of the topic. We move on to discuss the organisation of industries
in a dynamic context and draw out consequences for competition policy. We conclude
with an outlook on the underlying tensions between technology alliances, competition
policy, and industrial policy.
JEL codes: L4, L5, O31
Keywords: Competition policy, innovation, alliances, industrial policy |
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