In the industrial economics research group, researchers combine the latest theories with empirical work about the organisation of firms, markets and industries.
Our current research has focused on:
• Relationships between upstream and downstream firms, competition and regulation.
• R&D and innovation. Theoretical work on licensing policies for innovations, cooperative research agreements, network formation and stability. Empirical work on the role of sunk costs for R&D decisions, and as a determinant of internal or external R&D activities. Analysis of R&D productivity, in-house activities and their continuity on the number and nature of innovations achieved.
• International oligopoly regarding the study of the internationalization strategies of firms. Analysis of the FDI vs. Exports decisions and their environmental impact; theoretical and applied work on the self-selection and the learning-by-exporting hypotheses concerning the relation between export activities and productivity.