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In this paper an experimental environment to test theoretical predictions concerning R&D behavior of firms in duopoly with allowance for R&D spillovers is created. The design and hypotheses of the experiment are based on the well-known model of d Aspremont and Jacquemin in which R&D behavior of...
Persistent link: https://www.econbiz.de/10011092197
This paper examines the relationship between competition, innovation and productivity for the Netherlands. We use … innovation data from Community Innovation Survey with accounting data to link innovative activities with performance at the … through more innovation. Nonetheless, there exists an inverted U- curve between competition and innovation for the Netherlands …
Persistent link: https://www.econbiz.de/10011090737
Contrary to most of the literature, which focuses only on the level of investment in innovation, this paper examines …
Persistent link: https://www.econbiz.de/10011282467
Using a general two-stage framework, this paper gives sufficient conditions for increasing competition to have negative or positive effects on R&D-investment, respectively. Both possibilities arise in plausible situations, even if one uses relatively narrow definitions of increasing competition....
Persistent link: https://www.econbiz.de/10010315513
literature, which focuses only on the level of investment in innovation, this model captures both the variety of research …
Persistent link: https://www.econbiz.de/10010316823
This article examines the effects of market structure on the variety of research projects undertaken and the amount of duplication of research. A characterization of the equilibrium market portfolio of R&D projects and the socially optimal portfolio is provided. It is shown that a merger...
Persistent link: https://www.econbiz.de/10011663162
coevolution of market and network structure matter for the relationship between competition and innovation. Moreover, our model …
Persistent link: https://www.econbiz.de/10011663182