Banerjee, Dyuti - In: Economic Modelling 33 (2013) C, pp. 526-532
This paper analyzes the impact of simultaneous increases in piracy (piracy effect) and network externalities (network … effect) on R&D investment. A single firm's R&D investment increases (or decreases) if the network effect (or piracy effect … piracy effect dominates the network effect then the less efficient firm's R&D investment increases and that of the more …