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This paper analyzes the influence of Information structure on the process of knowledge accumulation in a differential game of duopolistic R&D competition. By comparing open-loop and feedback Nash equilibria, representing imperfect and perfect information structures, we show that in the feedback...
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dichotomous Innovation data at the firm level by using a bivariate dynamic random effects probit model. The data set, provided by …
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We develop a dynamic general equilibrium model of education, quality and variety innovation, and scale-invariant growth …. The early endogenous innovation-based growth models incorporate a scale effect predicting that larger economies are …-R&D-sector model of quality and variety innovation is that education and innovation appear as twin-engines of growth and that steady …
Persistent link: https://www.econbiz.de/10003636672