We investigate dynamic R&D for process innovation in an oligopoly where firms invest in cost-reducing activities. We focus on the relationship between R&D intensity and market structure, proving that the industry R&D investment monotonically increases in the number of firms. This Arrowian result...

We investigate dynamic R&D for process innovation in an oligopoly where firms invest in cost-reducing activities. We focus on the relationship between R&D intensity and market structure, proving that the industry R&D investment monotonically increases in the number of firms. This result...

Coopting 'decisive' technical advances / Morton I. Kamien, Israel Zang -- Efficiency of joint enterprises with internal bargaining / Luca Lambertini, Sougata Poddar, Dan Sasaki -- Equilibrium research joint ventures / Ping Lin -- Innovation, duplication, and the contract theory of patents /...

A collection of original research papers by a number of industrial organization economists active in the field of Research and Development theory and policy. It covers patent policy, the effects of market structure and the internal organization of the firm on R&D incentives and technical...