Cooperative and Noncooperative R&D in Duopoly with Differentiated Goods and Endogenous Spillovers
The paper analyzes a three stage game of R&D where duopoly are engaged in costreducing innovation. In the model, the spillovers of information are treated endogenous and the goods is differentiated at the same time. It is shown if the R&D stage is noncooperative, the firms will never disclose their information when goods is substituted and completely disclose their information when goods is complementary; if the R&D stage is cooperative, no matter the goods is substituted or complementary, the firms always disclose their information.
R&Dduopoly Differentiatedgoods Endogenous spillovers
Dai Jugui Dai Jugui
School of Business,Wenzhou University, UniverstityPark,Wenzhou City,Zhejiang Province,China, PR School of International Business Administration, Shanghai University of Finance & Economics, Guoding
国际会议
广州
英文
1-4
2011-05-13(万方平台首次上网日期,不代表论文的发表时间)