Search results for "R&D spillovers"
showing 4 items of 4 documents
Competing R&D Joint Ventures in Cournot oligopoly with spillovers
2014
This paper considers competition between R&D cartels, whereby prospective Cournot competitors coordinate their R&D decisions in order to maximize joint profit. It studies how R&D activity, aggregate profit, consumer surplus, and social welfare vary as the number of competing cartels varies. It also compares equilibrium with second best R&D, and discusses the policy implications of the results. The results show that the effects of R&D cartel competition depend on the welfare criterion adopted and on whether there are cooperative synergies or not.
A Contribution to the Schumpeterian Growth Theory and Empirics
2010
Soumis à Journal of Economic Growth; Document de Recherche LEO 2008-25; Cet article propose un cadre théorique et méthodologique unifie caractérisé par la priseen compte explicite des intéractions technologiques dans la modélisation des processus decroissance en adoptant une perspective Schumpétérienne. L'interdépendance globale impliquée par les spillovers internationaux de R&D doit être intégrée non seulement dans lamodélisation théorique mais également dans la spécification économétrique qui en découle.L'économétrie spatiale apparaît alors naturellement comme la méthodologie adéquate pourtraiter le problème de l'estimation de telles spécifications. Le modèle économétrique que nousproposo…
International R&D spillovers in the multi-country Schumpeterian growth model
2007
en ligne : http://ungaro.u-bourgogne.fr/pages/Documents%20de%20travail/Economie/e2007-04.pdf; Document de travail du LEG 2007-04; This paper reconsiders the multi-country Schumpeterian growth model and its empirical implications. We first show that the model implies a spatial econometric reduced form. Indeed, the global interdependence implied by international R&D spillovers needs to betaken into account in the theoretical model as well as in the empirical model. The spatial econometric model we propose includes the neoclassical growth model as a particular case. We can therefore test explicitly the role of R&D investment in the long run growth processagainst the Solow growth model which is…
R&D with spillovers: Monopoly versus noncooperative and cooperative duopoly.
2011
This paper compares industry profit and R&D propensity for a duopoly conducting either noncooperative or cooperative R&D and a monopoly, using two different basic models of strategic R&D. One postulates spillovers in R&D inputs and predicts that equilibrium joint profit and R&D levels are always larger under monopoly. The other postulates spillovers in R&D outputs and sometimes predicts that joint profit and R&D levels are larger under either of the alternative scenarios. In addition, unlike input spillovers, spillovers in R&D outputs sometimes exert a positive effect on both effective and private noncooperative R&D levels.