Tesoriere, Antonio - In: Journal of Institutional and Theoretical Economics (JITE) 165 (2009) 4, pp. 579-597
In a standard model of R&D followed by linear Cournot competition, firm asymmetry is sustainable as equilibrium with noncooperative R&D if and only if the productivity of research is sufficiently large relative to the benefits of imitation. Increasing spillovers distribute R&D results among...