This paper is a first step toward closing the analytical gap in the extensive literature on the results of interactions between public and private R&D expenditures, and their joint effects on the economy. A survey focusing on econometric studies in this area reveals a plethora of sometimes...

This is a preliminary version of a prospective book which springs from concerted effort among several researchers in the fiels of industrial economics. This chapter is devoted to the strategic role of information in oligopoly, and more broadlyn, in monotone games in general.

This paper investigates the endogenous choice between price- and quantity-setting behaviour in a duopoly game where firms invest in product development first, and then play a marketing game later. Only in the initial R&D stage, the two firms set up a joint venture in order to share the costs of...

We show that asymmetric equilibria may exist in an ex ante symmetric step-by-step R&D if product market competition is intense. The corresponding symmetric equilibrium is unstable and therefore less likely the one selected, while the asymmetric ones result in lower economic growth (reversing...