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, increased division of labor in research, intense publication pressure, academic fraud, dilution of the concept of “university …
Persistent link: https://www.econbiz.de/10008672224
The paper analyzes the effects of more intense competition on firms’ incentives to invest in process innovations. We carry out experiments based on two-stage games, where R&D investment choices are followed by product market competition. As predicted by theory, an increase in the number of...
Persistent link: https://www.econbiz.de/10005566314
The paper analyzes the effects of more intense competition on firms'incentives to invest in process innovations. We carry out experiments for two-stage games, where R&D investment choices are followed by product market competition. As predicted by theory, an increase in the number of firms from...
Persistent link: https://www.econbiz.de/10005756593
an experiment based on two-stage games, where R&D investment choices are followed by product market competition. An … experiment it turns out that the way of modeling the intensity of competition is essential. The theoretical prediction is …
Persistent link: https://www.econbiz.de/10005756606
price competition. Both stages of the game are implemented in a laboratory experiment and the obtained results support the …
Persistent link: https://www.econbiz.de/10005756627