Colombo, Luca; Dawid, Herbert - In: Journal of Economic Dynamics and Control 48 (2014) C, pp. 288-307
This paper investigates firms׳ optimal location choices explicitly accounting for the role of inwards and outwards knowledge spillovers in a dynamic Cournot oligopoly with firms that are heterogeneous in their ability to carry out cost-reducing R&D. Firms can either locate in an industrial...