Showing 1 - 10 of 1,237
Theoretical considerations suggest that secrecy reduces spillovers almost completely through non-disclosure, while the disclosure requirement of patents generates some spillover and at the same time allows firms to appropriate knowledge. In this paper we empirically analyze whether protection by...
Persistent link: https://www.econbiz.de/10014056812
In recent years Open Innovation (OI) processes have been receiving growing attention from the empirical and theoretical economic literature, where a debate is taking place on the aspects of complementarity or substitutability between internal R&D and OI spillover. By means of a differential game...
Persistent link: https://www.econbiz.de/10010191378
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...
Persistent link: https://www.econbiz.de/10011774117
We analyze an Open Innovation process in a Cournot duopoly using a differential game approach where knowledge spillovers are endogenously determined via the R&D process. The game produces multiple steady states, allowing for an asymmetric solution where a firm may trade off the R&D investment...
Persistent link: https://www.econbiz.de/10011737203
It is shown that asymmetry in Ramp;D efficiency between firms is an important factor determining feasibility of the preemption and attrition scenarios in competitive Ramp;D with time to build. Scenarios of attrition and preemption games are most likely to occur when competitors have similar...
Persistent link: https://www.econbiz.de/10012776776
This paper presents a dynamic model of a competitive R&D and production duopoly subject to knowledge spillovers. Two asymmetric firms operate for a limited period of time and dispose of their knowledge capital in the end. Both firms and the social planner prefer the R&D-cooperative strategy over...
Persistent link: https://www.econbiz.de/10013318740
I develop a theory of knowledge sharing in organizations where coordinated activity requires shared knowledge, and knowledge sharing is local and costly. Because knowledge sharing is local, knowledge diffuses gradually across an organization. Because knowledge sharing is costly, diffusion may...
Persistent link: https://www.econbiz.de/10014037548
taking an (irreversible) action. We define \textit{asymptotic learning} as the fraction of agents taking the correct action … converging to one as a society grows large. Under truthful communication, we show that asymptotic learning occurs if (and under … ``information hubs'', which receive and distribute a large amount of information. Asymptotic learning therefore requires information …
Persistent link: https://www.econbiz.de/10011684965
Persistent link: https://www.econbiz.de/10003448391
The economics literature clearly shows that the transmission of knowledge diminishes with physical distance, a factor contributing to industrial clustering. This paper investigates how those distances have stretched over time. We measure the physical distance between collaborating inventors, as...
Persistent link: https://www.econbiz.de/10010263245