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In this study we derive a structural econometric model of learning by doing with multiproduct competition from a dynamic oligopoly game. We show the importance to account for multiproduction effects through product differentiation when measuring learning by doing. Using quarterly firm-level data...
Persistent link: https://www.econbiz.de/10005772879
In this study we specify and estimate a structural model of multiproduct firms for the semiconductor industry. In addition, we explicitly consider dynamics over the product life cycle. We find that these two aspects have important implications and provide evidence that (i) Spillover and...
Persistent link: https://www.econbiz.de/10005772886
This paper analyzes the impact of R&D subsidies on incumbent firms to introduce new goods. We are especially interested in investigating various consequences of government subsidies for R&D, provided to firms that o.er products of di.erent qualities. This study examines the incentives of...
Persistent link: https://www.econbiz.de/10005772918
Despite its importance, the impact of vertical organization on innovation incentives has not been investigated in depth …
Persistent link: https://www.econbiz.de/10005772897
Persistent link: https://www.econbiz.de/10003377548
nations in which patent protection is sought. <br> <br> <i>ZUSAMMENFASSUNG - (Zitationenzahl und der Wert der Patent-Innovation …
Persistent link: https://www.econbiz.de/10005272745
. The study shows that the introduction of new products depends on the credibility of firms’ innovation strategies. The high …
Persistent link: https://www.econbiz.de/10005772936
This study analyzes the optimal provision of goods in a market characterized by vertical product differentiation. We consider a duopoly model in which incumbents may introduce a new product with certain quality, and decide whether to keep or to withdraw the existing product from the market. We...
Persistent link: https://www.econbiz.de/10005772956