One-way spillovers, endogenous innovator/imitator roles, and research joint ventures

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Show simple item record Amir, R en_US Wooders, John en_US
dc.contributor.editor en_US 2012-02-02T11:02:03Z 2012-02-02T11:02:03Z 2000 en_US
dc.identifier 2010005900 en_US
dc.identifier.citation Amir R and Wooders John 2000, 'One-way spillovers, endogenous innovator/imitator roles, and research joint ventures', Academic Press Inc, vol. 31, no. 1, pp. 1-25. en_US
dc.identifier.issn 0899-8256 en_US
dc.identifier.other C1UNSUBMIT en_US
dc.description.abstract 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. We also provide a general analysis of the social benefits of, and firms' incentive for, forming research joint ventures. Another contribution is methodological, illustrating how submodularity (R&D decisions are strategic substitutes) can be exploited to provide a general analysis of a R&D game. Journal of Economic Literature Classification Numbers: C72, L13, O31. en_US
dc.language en_US
dc.publisher Academic Press Inc en_US
dc.relation.isbasedon en_US
dc.title One-way spillovers, endogenous innovator/imitator roles, and research joint ventures en_US
dc.parent Games And Economic Behavior en_US
dc.journal.volume 31 en_US
dc.journal.number 1 en_US
dc.publocation San Diego en_US
dc.identifier.startpage 1 en_US
dc.identifier.endpage 25 en_US BUS.Centre for the Study of Choice en_US
dc.conference Verified OK en_US
dc.for 140100 en_US
dc.personcode 0000071134 en_US
dc.personcode 112051 en_US
dc.percentage 100 en_US Economic Theory en_US
dc.classification.type FOR-08 en_US
dc.edition en_US
dc.custom en_US en_US
dc.location.activity en_US
dc.description.keywords Research-And-Development; Strategic Complementarities; Long-Run; Equilibrium; Games; Heterogeneity; Flexibility; Oligopoly; Industry; Duopoly en_US
dc.staffid en_US
dc.staffid 112051 en_US

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