Open Innovation in a Dynamic Cournot Duopoly

We analyze an Open Innovation process in a Cournot duopoly using a differential game approach where knowledge spillovers are endogenously determined via the R&D process. The game produces multiple steady states, allowing for an asymmetric solution where a firm may trade off the R&D investment against information absorption from the rival.

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Year of publication:	2011
Authors:	Hasnas, Irina ; Lambertini, Luca ; Palestini, Arsen
Publisher:	Bologna : Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)

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Series:	Quaderni - Working Paper DSE ; 753
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	10.6092/unibo/amsacta/4487 [DOI] 1001276329 [GVK] hdl:10419/159594 [Handle] RePEc:bol:bodewp:WP753 [RePEc]
Classification:	C73 - Stochastic and Dynamic Games ; L13 - Oligopoly and Other Imperfect Markets ; O31 - Innovation and Invention: Processes and Incentives
Source:	EconStor

Persistent link: https://www.econbiz.de/10011651647