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This paper examines the international mixed duopoly behaviour with research spillovers. Using a two‐stage game with … spillovers and the optimal R&D strategies involve R&D competition. Spillovers are shown to be socially beneficial and their …
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industrial and geographic spillovers and find a positive relation between innovation spillovers and profitability. In addition … loadings in the stochastic discount factor. Our empirical evidence suggests an important role of innovation spillovers in asset … stock returns due to spillovers. Using the data of U.S. patents and patent inventors, we propose empirical proxies for …
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The authors construct an asymmetric duopolistic R&D and production behavior model subject to knowledge spillovers. This …
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This paper derives a three stage Cournot duopoly game for research collaboration, research expenditures and product … R&D than non-cooperating firms if spillovers are suficiently large. Further, market demand and R&D productivity have a … collaborate in R&D is increasing in R&D productivity. The key findings of the theoretical model are tested using German innovation …
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