Lingens, Jörg - In: Journal of Institutional and Theoretical Economics (JITE) 165 (2009) 2, pp. 260-280
We analyse the influence of wage bargaining on the firm´s research incentive. In a duopoly setting, firms invest resources into a Reinganum-type patent race. The wage is bargained for with a union. Besides the holdup and the strategic effect, which have been analysed before, we are able to...