We analyze strategic interaction in R&D internationalization decisions by two multinational firms competing both abroad and in their home markets and examine different incentives for foreign R&D faced by technology leaders and technology laggards. The model takes into account the impact of local...

We consider a model of horizontal product differentiation between two firms where locations are identified with eco-quality. The duopolists face spillover effects and locations are determined endogenously through R&D investments. We examine the resulting equilibrium locations when consumers...

This paper investigates firms' optimal location choices explicitly accounting for the role of inwards and outwards knowledge spillovers in a dynamic Cournot oligopoly with firms that are heterogeneous in their ability to carry out cost-reducing R&D. Firms can either locate in an industrial...