Strategic Investment with Asymmetric Spillovers
AbstractThis paper investigates the implications of asymmetric spillovers on noncooperative strategic investments in a duopoly with quadratic pay-offs. A unique equilibrium in the announcement of the leader/follower role exists in the case where one firm absorbs large spillovers while the other, at most, is able to receive only small spillovers. The leader in this equilibrium is the firm that absorbs the large spillovers. Other asymmetries in initial costs or efficiency in research and development do not affect this outcome.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Canadian Economics Association in its journal Canadian Journal of Economics.
Volume (Year): 28 (1995)
Issue (Month): 3 (August)
Contact details of provider:
Postal: Canadian Economics Association Prof. Steven Ambler, Secretary-Treasurer c/o Olivier Lebert, CEA/CJE/CPP Office C.P. 35006, 1221 Fleury Est Montréal, Québec, Canada H2C 3K4
Web page: http://economics.ca/cje/
More information through EDIRC
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Czarnitzki, Dirk & Kraft, Kornelius, 2007.
"Spillovers of Innovation Activities and Their Profitability,"
ZEW Discussion Papers
07-073, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Dirk Czarnitzki & Kornelius Kraft, 2012. "Spillovers of innovation activities and their profitability," Oxford Economic Papers, Oxford University Press, vol. 64(2), pages 302-322, April.
- Aloysius, John A., 2002. "Research joint ventures: A cooperative game for competitors," European Journal of Operational Research, Elsevier, vol. 136(3), pages 591-602, February.
- repec:ebl:ecbull:v:12:y:2005:i:18:p:1-11 is not listed on IDEAS
- De Bondt, Raymond, 1997. "Spillovers and innovative activities," International Journal of Industrial Organization, Elsevier, vol. 15(1), pages 1-28, February.
- Marco Marini & Maria Luisa Petit & Roberta Sestini, 2012. "Strategic Timing in R&D Agreements," DIAG Technical Reports 2012-07, Department of Computer, Control and Management Engineering, Universita' degli Studi di Roma "La Sapienza".
- Ofori, F., 2011. "Sources of International Economic Spillovers to Ghana's Economic Growth," MPRA Paper 30455, University Library of Munich, Germany.
- Claude Crampes & Corinne Langinier, 2009.
"Are Intellectual Property Rights Detrimental to Innovation?,"
International Journal of the Economics of Business,
Taylor & Francis Journals, vol. 16(3), pages 249-268.
- Crampes, Claude & Langinier, Corinne, 2005. "Are Intellectual Property Rights Detrimental to Innovation?," Staff General Research Papers 12267, Iowa State University, Department of Economics.
- Suetens, S., 2004.
"Literature review: R&D cooperation in oligopoly with spillovers: An experimental economics approach,"
Open Access publications from Tilburg University
urn:nbn:nl:ui:12-3529827, Tilburg University.
- Suetens S., 2004. "Literature review: R&D cooperation in oligopoly with spill-overs: an experimental economic approach," Working Papers 2004024, University of Antwerp, Faculty of Applied Economics.
- Somma, Ernesto, 1999.
"The effect of incomplete information about future technological opportunities on pre-emption,"
International Journal of Industrial Organization,
Elsevier, vol. 17(6), pages 765-799, August.
- Ernesto Somma, . "The Effect of Incomplete Information about Future Technological Opportunities on Pre-Emption," Discussion Papers 95/41, Department of Economics, University of York.
- Plasmans J. & Lukach R., 2001.
"Measuring knowledge spillovers using Belgian EPO and USPTO patent data,"
2001007, University of Antwerp, Faculty of Applied Economics.
- Joseph Plasmans & Ruslan Lukatch, 2001. "Measuring Knowledge Spillovers Using Belgian EPO and USPTO Patent Data," CESifo Working Paper Series 430, CESifo Group Munich.
- Reinhilde Veugelers & Katrien Kesteloot, 1996. "Bargained shares in joint ventures among asymmetric partners: Is the matthew effect catalyzing?," Journal of Economics, Springer, vol. 64(1), pages 23-51, February.
- Kaiser, Ulrich, 2002. "An empirical test of models explaining research expenditures and research cooperation: evidence for the German service sector," International Journal of Industrial Organization, Elsevier, vol. 20(6), pages 747-774, June.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Prof. Werner Antweiler).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.