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We show the effects of Bertrand and Cournot competition on R&D investmentand social welfare in a duopoly with R …&D competition where success in R&D isprobabilistic. We show that R&D investments are higher under Bertrand (Cournot)competition when … Cournot competition can generate highersocial welfare in absence of knowledge spillover and this happens if R&D is drastic …
Persistent link: https://www.econbiz.de/10005868763
the relative profitability of Cournot vs. Bertrand when a per unit royalty is applied. By contrast, we find that Cournot …
Persistent link: https://www.econbiz.de/10012306713
for a leadership in quality choice and the possibility of imitation and learning by the domestic firm. We compare both …
Persistent link: https://www.econbiz.de/10012724765
imitation of his innovations. …
Persistent link: https://www.econbiz.de/10011118520
Industries with mixed oligopoly are exceedingly popular all over the world, especially in developing countries, such as China. This paper highlights the innovation strategies of mixed duopoly with a (semi-) public firm and another private firm, and the effects of mixed oligopoly on innovation...
Persistent link: https://www.econbiz.de/10011404470
A duopoly model of cost reducing R&D-Cournot competition is extended to study the endogenous timing of R&D strategic …
Persistent link: https://www.econbiz.de/10014059023
This paper studies the introduction of new products (increase in product variety) in the automobile industry. The focus is on the two sources of market power that may allow the firms to get higher profits (and, thus, recoup investments): new products and brand-name reputation. The effects of new...
Persistent link: https://www.econbiz.de/10010298702
We investigate what kind of competitive pressure induces existing firms to engage in more intensive innovation activities. We examine two types of competitive pressure: a price decrease in competitive fringe firms and a quality improvement therein. We use an oligopoly model with vertical...
Persistent link: https://www.econbiz.de/10010332353
Der in Gang befindliche Übergang von den klassischen Telekommunikationsnetzen zu "Next Generation Networks" bietet zwar hohe Innovationspotenziale, es besteht aber auch die Gefahr, dass marktmächtige Netzbetreiber ihre dominanten Positionen auf die bisher wettbewerblichen Märkte für...
Persistent link: https://www.econbiz.de/10011601738
This paper examines how different unionisation structures affect firms' innovation incentives and industry employment. We distinguish three modes of unionisation with increasing degree of centralisation: (1) 'Decentralisation' where wages are determined independently at the firm-level, (2)...
Persistent link: https://www.econbiz.de/10010263388