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The optimal design of two-part tariffs is investigated in a dynamic model where two firms belonging to the same supply chain invest in R&D activities to increase the quality of the final product. It is shown that the replication of the vertically integrated monopolist's performance can be...
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We investigate the relationship between market concentration and industry innovative effort within a familiar two-stage model of R&D race in which firms compete à la Cournot in the product market. With the help of numerical simulations, we show that such a setting is rich enough to generate...
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, duplication, and the contract theory of patents / Vincenzo Denicol(c)Ło, Luigi Alberto Franzoni -- Product and process innovation … bargaining / Luca Lambertini, Sougata Poddar, Dan Sasaki -- Equilibrium research joint ventures / Ping Lin -- Innovation … field of Research and Development theory and policy. The contributions gathered here cover several relevant topics in this …
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We examine the relationship between competition and innovation in an industry where production is polluting and R …&D aims to reduce emissions ("green" innovation). We present an n-firm oligopoly where firms compete in quantities and decide …
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We investigate the optimal R&D portfolio of a single-product monopolist investing in cost-reducing activities accompanied by efforts improving the quality of its product. There emerges that the firm's relative incentives along the two directions are conditional upon market affluency, measured by...
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