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One-Way Spillovers, Endogenous Innovator/Imitator Roles and Research Joint Ventures Author info | Abstract | Publisher info | Download info | Related research | Statistics Amir, Rabah (Wissenschaftszentrum Berlin)
Wooders, John (Department of Economics, University of Arizona)
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registered author(s):
We consider a two-period duopoly characterized by a one-way spillover structure in process R&D and a very broad specification of product market competition. We show that a priori identical firms always engage in different levels of R&D, at equilibrium, thus giving rise to an innovator/imitator configuration and ending up with different sizes. In view of this endogenous firm heterogeneity, the social benefits of, and the firms' incentives for, research joint ventures are somewhat different from the case of ex post firm symmetry. The key properties of the game are submodularity (R&D decisions are strategic substitutes) and lack of global concavity.
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Paper provided by Institute for Advanced Studies in its series Economics Series with number
43.
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Length: 36 pages
Date of creation: May 1997Date of revision:
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Keywords: Oligopolistic R&D ; One-Way Spillovers ; Research Joint Ventures ; Submodularity ; Other versions of this item:
Article Amir, Rabah & Wooders, John, 2000.
"One-Way Spillovers, Endogenous Innovator/Imitator Roles, and Research Joint Ventures ,"
Games and Economic Behavior ,
Elsevier, vol. 31(1), pages 1-25, April.
[Downloadable!] (restricted) Paper AMIR, Rabah & WOODERS, John, 1997.
"One-way spillovers, endogenous innovator/imitator roles and research joint ventures ,"
CORE Discussion Papers
1997027, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
Rabah Amir & John Wooders, 1998.
"One-Way Spillovers, Endogenous Innovator/Imitator Roles and Research Jointventures ,"
CIE Discussion Papers
1998-10, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
Find related papers by JEL classification: C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets O32 - Economic Development, Technological Change, and Growth - - Technological Change - - - Management of Technological Innovation and R&D
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
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