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This paper describes a classroom experiment that illustrates the research and development investment incentives facing … decisions then production decisions. The classroom game can be used to motivate discussions of research joint ventures, the free …-rider problem, collusion, and antitrust policy regarding research and development. …
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The importance of innovation for the economic performance of industrialized countries has been largely stressed recently by the theoretical and empirical literature. Moreover the intensity of knowledge externalities in generating innovation, is the key parameter in determining sustained growth...
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The importance of innovation for the economic performance of industrialized countries has been largely stressed recently by the theoretical and empirical literature. Moreover the intensity of knowledge externalities in generating innovation, is the key parameter in determining sustained growth...
Persistent link: https://www.econbiz.de/10013321122
This volume provides an understanding of firms' R&D and innovation strategies and their economy-wide consequences. It is based on the premise that differences in firm-level returns, as well as economy-wide outcomes, may be linked to the heterogeneous ways in which firms organize and undertake...
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decisions. The classroom game can be used to motivate discussions of research joint ventures, the free-rider problem, collusion …, and antitrust policy regarding research and development. …
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