This paper derives a three stage Cournot duopoly game for research collaboration, research expenditures and product … market competition. The amount of knowledge firms can absorb from other firms is made dependent on their own research efforts … positive effect on R&D efforts both under research joint venture and under research competition. Firms' propensity to …

is demonstrated that both firms undertake the product innovation when the competition is intense. For intermediate levels … innovation cost structure. Again, the firms are willing to incur higher costs into product innovations, when the competition is …For a market of horizontal product differentiation, the paper examines the effects of the level of competition on the …