Lücke, Dorothea; Schröder, Philipp J.Η.; Schumacher, … - In: Jahrbücher für Nationalökonomie und Statistik 225 (2005) 6, pp. 688-698
Summary This note explores the relationship between the price elasticity of demand and the R&D intensity of the product. We introduce the concept of R&D intensity into a standard Dixit- Stiglitz/Krugman-type setting. R&D activity is treated as a fixed cost of production. Within this framework,...
