R&D policy and privatization in a mixed oligopoly

We introduce R&D activity and R&D subsidies in the context of a mixed oligopoly and evaluate the effects of privatization on welfare. We show that when R&D subsidies are employed, privatization is welfare and R&D promoting provided that the number of competitors is sufficiently large.

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Year of publication:	2006-10
Authors:	Gil-Moltó, María José ; Poyago-Theotoky, Joanna ; Zikos, Vasileios
Institutions:	School of Business and Economics, Loughborough University
Subject:	mixed oligopoly \| process innovation \| R&D subsidy \| privatization

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Series:	Discussion Paper Series.
Type of publication:	Book / Working Paper
Classification:	L31 - Nonprofit Institutions ; L32 - Public Enterprises ; O38 - Government Policy ; L13 - Oligopoly and Other Imperfect Markets ; L50 - Regulation and Industrial Policy. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005230793