Karbowski, Adam - In: Journal of business economics and management 20 (2019) 6, pp. 1121-1142
innovation and firm performance. Based on the industrial economics literature and the optimisation model, R&D competition, R … innovation compared with R&D competition. However, profit-maximising firms do not prefer the R&D competition strategy. They … price and quality competition are considered. It is showed that R&D cartelisation entails a loss of firm's product …