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This book provides a account of work in the Schumpeterian and evolutionary tradition of industrial dynamics and the evolution of industries. It is shown that over time industries evolve and change their structure. In this dynamic process change is affected and sometimes constraint by many...
Persistent link: https://www.econbiz.de/10003383978
One of the pioneering works on endogenous market structures, by Tandon (1984), has extended the standard Cournot model with linear demand to endogenous entry and sunk R&D costs to show that the endogenous number of firms is independent from the size of the market. I generalize the model in many...
Persistent link: https://www.econbiz.de/10014187145
This paper studies vertical R&D spillovers between upstream and downstream firms. The model incorporates two vertically related industries, with horizontal spillovers within each industry and vertical spillovers between the two industries. Four types of R&D cooperation are studied: no...
Persistent link: https://www.econbiz.de/10014141377
these predictions based on a unique dataset and survey for the German manufacturing sector (the Mannheim Innovation Panel …
Persistent link: https://www.econbiz.de/10013092745
firms' equilibrium market revenues, we derive numerical solutions of the Markov perfect equilibrium innovation rate of the … important role in evaluating the impact of rising income inequality on R&D; furthermore, the way aggregate innovation responds … income inequality has a negative effect on innovation when the market quality gap is large, in which case, price competition …
Persistent link: https://www.econbiz.de/10013142385
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. This interaction is represented in a modelization via dynamic games. An integrated framework to model innovation and market … innovation (and therefore delayed commercial use) is undertaken. A last topic discussed is the influence of financial constraints …
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