This paper studies the impact of cooperative R&D and advertising on innovation and welfare in a duopolistic industry …. The model incorporates two symmetric firms producing differentiated products. Firms invest in R&D and advertising in the … presence of R&D spillovers and advertising spillovers. Advertising spillovers may be positive or negative. Four cooperative …

competition and aggregate innovation. We consider a two-stage game with a deterministic Research and Development (R&D) process … outputs simultaneously. We show that the inverted-U relationship between competition and aggregate innovation occurs if … competition is affected by the number of technology followers. However, the presence of more technology leaders decreases …

Recent merger decisions by competition authorities have revived the debate on the relationship between competition and … competition assessment of the impact of a merger on dynamic competition, including its effects on innovation …

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 …

firm will choose to reduce product diversity which intensifies price competition. We have also examined the role of …

increase product prices, lower competition, and reduce the availability of new products in small markets. The model?s test is …

increase product prices, lower competition, and reduce the availability of new products in small markets. The model's test is …

increase product prices, lower competition, and reduce the availability of new products in small markets. The model's test is …

increase product prices, lower competition, and reduce the availability of new products in small markets. Existing theoretical … models of entry and taxation either assume imperfect competition, or monopolists' provision of new goods. Free-entry models … to zero-profits thresholds of equilibrium demand. This paper links imperfect competition models with free-entry models …