We construct an asymmetric duopolistic R&D and production behavior model subject to knowledge spillovers. This model is an extension to the symmetric model of d'Aspremont and Jacquemin (A&J (1988)) and aims to determine the cooperative and non-cooperative R&D strategies for two agents of...

This paper analyzes and compares the equilibrium levels of R&D expenditures, product quality, output, price, consumer surplus, and profit of a firm from noncooperative and cooperative product R&D games. This is done using an international duopoly model in which two firms produce differentiated...