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COMPETITION, INNOVATION AND WELFARE
Mukherjee, Arijit - University <Nottingham> / Department of Economics - 2005
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
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Per unit and ad valorem : royalties in a patent licensing game
Montinaro, Marta; Pal, Rupayan; Scimitore, Marcella - 2020
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
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Cost-reduction innovation under mixed economy
Nie, Pu-yan; Yang, Yong-cong - 2015
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
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A contribution to the theory of R&D investments
Buccella, Domenico; Fanti, Luciano; Gori, Luca - 2021
-cooperative Cournot duopoly game in which R&D-investing firms choose whether to disclose R&D-related information to the rival. Though in a …
Persistent link: https://www.econbiz.de/10012623877
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Quality improvement to meet competitive fringe
Matsushima, Noriaki; Liu, Ren-Jye - 2012
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
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Quality improvement to meet competitive fringe
Matsushima, Noriaki; Liu, Ren-Jye - 2012
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/10009579337
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Firm Size vis-à-vis Industry Size and Innovation in a Dominant Firm-Fringes Oligopoly Model
Shukla, Richa - 2016
This article explores the possibility of associating firm size vis-à-vis industry size with firm-level R&D led-innovation and the resultant impact(s) on industry level output and price. We consider an oligopolistic industry having one dominant firm and some fringes. Innovation by the dominant...
Persistent link: https://www.econbiz.de/10012998664
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Competition and Product Innovation in Dynamic Oligopoly
Goettler, Ronald L.; Gordon, Brett R. - 2013
We investigate the relationship between competition and innovation using a dynamic oligopoly model that endogenizes both the long-run innovation rate and market structure. We use the model to examine how various determinants of competition, such as product substitutability, entry costs, and...
Persistent link: https://www.econbiz.de/10014042417
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On competition and the strategic management of intellectual property in oligopoly
Jansen, Jos - 2009
product substitutability) gives a smaller (greater) patenting incentive. Switching from Bertrand to Cournot competition gives … a smaller (greater) patenting incentive if patent protection is weak (strong). -- Bertrand and Cournot competition …
Persistent link: https://www.econbiz.de/10003862322
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Emission Taxation, Green Innovations and Inverted-U Aggregate R&D Efforts in a Linear State Oligopoly Game
Dragone, Davide - 2017
We revisit the well known differential Cournot game with polluting emissions dating back to Benchekroun and Long (1998 …
Persistent link: https://www.econbiz.de/10012958959