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firms in the supply chain considering the role of horizontal and vertical knowledge spillovers, and numerical approach is …
Persistent link: https://www.econbiz.de/10013107878
We construct an asymmetric duopolistic R&D and production behavior model subject to knowledge spillovers. This model is …
Persistent link: https://www.econbiz.de/10013321090
We study two main questions in this paper: 1) How do spillovers of knowledge created by manufacturers' investments in … downstream channel members? We focus on situations where spillovers are involuntary, firms' innovative activities are non …-overlapping, and firms benefit directly from the results of competitors' innovations. Under these conditions, we find that spillovers …
Persistent link: https://www.econbiz.de/10014026071
In a market with stochastic demand at most one seller can acquire costly information about demand. Other sellers entertain idiosyncratic beliefs about the market demand and whether there exists an informed seller. These idiosyncratic beliefs co-evolve with the potential insider's inclination to...
Persistent link: https://www.econbiz.de/10014223844
Hayek's (1945) elaboration of the difficulty of aggregating diffuse private knowledge is the best-known articulation of the knowledge problem, and is an example of the difficulty of coordinating individual plans and choices in the ubiquitous and unavoidable presence of dispersed, private,...
Persistent link: https://www.econbiz.de/10014173191
This chapter focuses on the geographic dimensions of knowledge spillovers. The starting point comes from the economics … spillovers and the manner in which they are localized, scholars began to estimate the knowledge production function with a …
Persistent link: https://www.econbiz.de/10014024001
Persistent link: https://www.econbiz.de/10014434248
Persistent link: https://www.econbiz.de/10010229279
Cournot duopoly where knowledge spillovers are endogenously determined via the R&D process. The game produces multiple steady …
Persistent link: https://www.econbiz.de/10010191378