We analyze the link between entry and R&D spending distribution. We consider a monopolistic competitive market with free entry in which firms can invest in cost-cutting R&D by paying a fixed cost first. For an intermediate level of fixed cost, there is a unique equilibrium in which the market...

This paper offers a general equilibrium model to analyze the problem of Ramp;D investment of firms that also face the decision between outsourcing and in-house production in the presence of Ramp;D information leakage. A contractor hired by a firm learns the firm's technology and can diffuse the...

This paper offers a general equilibrium model to analyze the problem of investment in Ramp;D of firms that also face the decision between outsourcing and quot;in-housequot; production in the presence of Ramp;D information leakage. A contractor hired by a firm learns the firmacirc;not;quot;s...