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This paper presents a firm and market model that is able to reproduce the empirically observed patterns on firm growth and its statistical characteristics. It goes beyond the existing firm models by reproducing all stylized facts established in the literature. Furthermore, the model is flexible...
Persistent link: https://www.econbiz.de/10011303760
This paper develops a three stage oligopoly game for R&D cooperation, R&D expenditure and product market competition. In the first stage, firms decide whether or not to conduct R&D in cooperation with other firms. In the second stage the level of R&D investment is determined. Finally, firms...
Persistent link: https://www.econbiz.de/10011441694
This paper introduces a second, vertically related industry into the usual one-industry oligopoly framework of cooperative R&D investment between firms operating on the same product market. R&D efforts are affected by intra- and inter-industry R&D spillovers. Horizontal and vertical R&D...
Persistent link: https://www.econbiz.de/10011545122
This paper examines empirically the role of market structure for the influence of spill-over effects on R … spillover effects may even hinder firms from cooperating in R&D when there is intensive competition on the research stage …
Persistent link: https://www.econbiz.de/10014190336
This paper examines empirically the theoretical relationship between external knowledge and innovation success. Special emphasis is posed on the effects that arise from various types of spillovers and how these effects are influenced by firm-specific absorptive capacities. The results of the...
Persistent link: https://www.econbiz.de/10014190337
This paper examines empirically the theoretical relationship between spillover effects, in the sense of unintended … analysis which has been based on micro-level data, firms tend to form R&D-cooperations to internalise spillover effects. While …&D-cooperations may be expected. Furthermore, the influence of factors which are independent from spillover effects and a comparison of …
Persistent link: https://www.econbiz.de/10014190384
This paper provides some first empirical evidence on the relationship between R&D spillovers and R&D cooperation. The results suggest disentangling different aspects of know-how flows. Firms which rate incoming spillovers more importantly and who can limit outgoing spillovers by a more effective...
Persistent link: https://www.econbiz.de/10014208266
This paper uses newly available firm-level tax data to evaluate the market structure in South African manufacturing sectors in the period 2010-12. To describe the market structure we compute markups for South African manufacturing firms and concentration indexes for 4-digit manufacturing...
Persistent link: https://www.econbiz.de/10011458072
We develop a model of a city populated by heterogeneous agents. Agents self-select into entrepreneurship, and entrepreneurs set up firms which hire workers. We characterize the equilibrium matching between firms and workers, as well as the within-city assignment of agents to locations. We then...
Persistent link: https://www.econbiz.de/10011491203
This paper evaluates four publicly discussed policy options to mitigate market power in the German wholesale electricity market. These four options are: a regulatory solution favoured by the Federal Ministry for Economics and Technology, the implementation of a day-ahead flow-based market...
Persistent link: https://www.econbiz.de/10012728666