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Strategic dual sourcing as a driver for free revealing of innovation

Matsushima, Noriaki; Zhao, Laixun - 2015

This paper examines the role of dual sourcing (e.g., outside options) in vertical and horizontal relations. In a bilateral monopoly market, if either the upstream or downstream firm has outside options, the other firm could lose from seemingly positive shocks, e.g., market expansion or...

Persistent link: https://www.econbiz.de/10010517178

Education, innovation, and long-run growth

Hori, Katsuhiko; Yamada, Katsunori - 2009

This paper combines three prototype endogenous growth models, the models with human capital accumulation introduced by Uzawa [1965] and Lucas [1988], variety expansion by Romer [1990], and quality improvements by Aghion and Howitt [1992], in order to investigate how these three engines of growth...

Persistent link: https://www.econbiz.de/10003819993

Patent licensing, bargaining, and product positioning

Matsumura, Toshihiro; Matsushima, Noriaki - 2010

Innovators who have developed advanced technologies, along with launching new products by themselves, often license these technologies to their rivals. When a firm launches a new product, product positioning is also an important matter. Using a standard linear city model with two firms, we...

Persistent link: https://www.econbiz.de/10003981892

Technology spillovers and outside options in a bilateral duopoly

Matsushima, Noriaki; Zhao, Laixun - 2018

This paper examines the role of outside options in a downstream duopoly with exclusive vertical relations as in the Japanese automobile industry. In our setup, the downstream firms have outside options, and two upstream firms with exclusive relations can engage in cost reducing investments. More...

Persistent link: https://www.econbiz.de/10011882969

Private provision of public goods that are complements for private goods : application to open source software developments

Matsushima, Noriaki; Shinohara, Ryusuke - 2012

This paper examines the questions of who participates in the provision of a public good through the voluntary participation of agents in the presence of strong complementarity between a public good and a private good. We show that the greater the initial endowment of the private good that agents...

Persistent link: https://www.econbiz.de/10009427088

Collusion and research joint ventures

Miyagiwa, Kazuyuki (contributor) - 2007

&D race while maintaining the collusive equilibrium in a repeated-game framework. Innovation under competitive R&D creates … inter-firm asymmetries, which destabilizes the collusive equilibrium. Innovation sharing through cooperative R&D preserves … the collusion stability but also raises social welfare. Interestingly, a welfare improvement is less likely if innovation …