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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/18759| Title: | Innovation strategies in a competitive dynamic setting |
| Keywords: | O31 D21 C72 ddc:330 innovation R&D spillovers cooperation Industrielle Forschung Innovationswettbewerb Duopol Wissenstransfer Forschungskooperation Unternehmenskooperation Theorie |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | This paper presents a dynamic model of a competitive R&D and production duopoly subject to knowledge spillovers. Two asymmetric firms operate for a limited period of time and dispose their knowledge capital in the end. Both firms and the social planner prefer the R&Dcooperative strategy over the competitive one regardless of the intensity of knowledge spillovers. Accumulation of knowledge capital results allows the monopolist to have lower marginal cost of production and charge a lower market price than a fully competitive duopoly. Being able to define the degree of knowledge exchange when creating a research joint venture, the firms do not necessary choose the highest degree of cooperation available. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/18759 |
| Other Identifiers: | http://hdl.handle.net/10419/18759 ppn:479295565 |
| Appears in Collections: | EconStor |
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