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Wheat is one of the world’s key staple products, with a global production of 654.7 million tons in 2010. Currently, wheat is providing 21% of the food calories and 20% of the protein to more than 4.5 billion people. Wheat production is highly concentrated in a few countries, and the European...
Persistent link: https://www.econbiz.de/10011169992
Persistent link: https://www.econbiz.de/10010193069
We study an endogenous growth model where a profit-motivated R and D sector coexists with the introduction of free blueprints invented by philanthropists. These goods are priced at marginal cost, contrary to proprietary ones which are produced by a monopoly owned by the inventor. We show that...
Persistent link: https://www.econbiz.de/10011409970
In this article the current situation in agricultural sector of Kazakhstan and specifically diary sphere is analyzed … in Kazakhstan is proposed together with ways of agriculture further development. History, growth dynamics, risks and … Republic of Kazakhstan, the Eurasian Economic Commission and other respectful sources’ data. As a result, the list of …
Persistent link: https://www.econbiz.de/10014237234
This paper analyzes the effects of mergers and acquisitions on the markups of non-merging rival firms across a broad set of industries. We exploit expert market definitions from the European Commission's merger decisions to identify relevant competitors in narrowly defined product markets....
Persistent link: https://www.econbiz.de/10012061779
, particularly in the form of subsidies. For Ukraine this issue has been relevant before. At the same time, the level of … most important innovation projects in agribusiness in Ukraine and their financing sources. Results of cluster analysis of ….0. Given the fact that contemporary agribusiness both in Ukraine and in Europe remains weakly digitized, we propose one of the …
Persistent link: https://www.econbiz.de/10012895253
This paper analyzes the impact of network externalities on R&D competition between an incumbent and a potential entrant. The analysis shows that the incumbent always invests more than the entrant in the development of higher quality network goods. However, the incumbent exhibits a too low level...
Persistent link: https://www.econbiz.de/10010297865
This paper studies the incentives to undertake uncertain R&D initiatives in a dynamic duopoly network industry. It is shown that network externalities positively affect the incentives to invest in R&D. In the model, competition resembles a preemption race and, therefore, market performance...
Persistent link: https://www.econbiz.de/10010297866
We develop a model of R&D competition between an incumbent and a potential entrant with network externalities and durable goods. We show that the threat of entry eliminates the commitment problem that an incumbent may face in its R&D decision due to the goods? durability. Moreover, a potential...
Persistent link: https://www.econbiz.de/10010297985
Using a general two-stage framework, this paper gives sufficient conditions for increasing competition to have negative or positive effects on R&D-investment, respectively. Both possibilities arise in plausible situations, even if one uses relatively narrow definitions of increasing competition....
Persistent link: https://www.econbiz.de/10003892456