Amir, Rabah; Nannerup, Niels; Stepanova, Anna; … - 2015
between monopoly and the cartelized research joint venture, using two well-known models based on different versions of the R&D … spillover process. According to the model with a wider scope of application, monopoly always leads to a higher propensity for R&D … and, when R&D costs are low, to the best overall market performance. The results also allow for a comparison between the …