This paper studies the impact of entrepreneurial decisions regarding standard creation in an oligopolistic market with cooperative Ramp;D investments. Our game-theoretic analysis shows that if standards are open and only multi-standard equilibria are allowed, it is impossible to attain a stable...

This paper will be focused on two issues. Firstly, entrepreneurial innovative behaviour will be explained and, investigating the corresponding literature, it will also be concluded that innovation can reasonably be explained by patent behaviour. Secondly, because of the essential role of R&D...

The authors construct an asymmetric duopolistic R&D and production behavior model subject to knowledge spillovers. This model is an extension to the symmetric model of d'Aspremont and Jaquemin (A&J (1988)) and aims to determine the cooperative and non-cooperative R&D strategiesfor two agents of...