This paper proposes to investigate the effect of spillovers on firms' R&D investment decisions. We develop an analysis … may influence the firms' investment decisions, hence to what extent localization economies matter for agglomeration. Data … confirm that the proximity to other firms investing in R&D may produce positive externalities. Finally, the diversity versus …

The authors aim to address two issues relating to the asset specificity of firms with respect to their technology. By … applying discriminant analysis to a sample of fast-growing firms, they attempt to develop simple and robust prediction … equations. These equations would in turn utilise a few items of circumstantial information regarding firms to predict whether …

This study examines the role of size and R&D in explaining the rate of growth of firms by testing Gibrat's law. In … size-distribution of firms depend on whether or not the firms are operating in R&D-intensive industries? The empirical … evidence indicates an affirmative answer to this question. Further, our results appear to refute Gibrat's law. Firm growth …

Do firms under relative payoffs maximizing (RPM) behavior always choose a strategy profile that results in tougher … competition compared to firms under absolute payoffs maximizing (APM) behavior? In this paper we will address this issue through a … simple model of symmetric oligopoly where firms select a two dimensional strategy set of price and a non-price variable known …

Products produced by a multiproduct firm can be linked through demand linkages or supply linkages. On the demand side …, changes in the price of one product can affect the demand for a firm's other products through shifts in consumer expenditures … product's marginal costs on the output of other products. The existence of these linkages is important for how firms respond …

Do firms under relative payoffs maximizing (RPM) behavior always choose a strategy profile that results in tougher … competition compared to firms under absolute payoffs maximizing (APM) behavior? In this paper we will address this issue through a … simple model of symmetric oligopoly where firms select a two dimensional strategy set of price and a non-price variable known …

The quality of output is of great concern to firms, consumers and regulators and yet firms' decisions concerning …, but does not provide a theoretical explanation of the firm's quality decisions. The model presented here incorporates … production, quality control, warranty and pricing decisions into the firm's overall (expected) profit maximising behaviour. Both …

Products produced by a multiproduct firm can be linked through demand linkages or supply linkages. On the demand side …, changes in the price of one product can affect the demand for a firm's other products through shifts in consumer expenditures … product's marginal costs on the output of other products. The existence of these linkages is important for how firms respond …

We study the relationship between competition and quality within a spatial competition framework where firms compete in … relationship between the number of firms and equilibrium quality. This reversal result is further strenghtened if there are cost … prices and quality. We generalise existing literature on spatial price-quality competition along several dimensions …

downstream firm only when its bargaining power is high. When its bargaining power decreases, sharing the fixed cost of quality in …We show that a private label is an indirect mean to contract on quality in a vertical structure, and is signed by a … a private label with the upstream firm is not profitable : the label is not implemented, leaving the entire cost to the …