Demand-Creating R&D in a Symmetric Oligopoly
Kesteloot, Katrien; Bondt, Raymond De; Kesteloot, Katrien; Department of Applied Economics, Center for Hospital Management; Bondt, Raymond De; Department of Applied Economics
Журнал:
Economics of Innovation and New Technology
Дата:
1993
Аннотация:
Spillovers with demand-creating research and development (R&D) activities are investigated by revisiting a widely employed market share rivalry demand structure. Positive technological spillovers may inflict positive or negative side effects on rivals and this has important implications for the effects on innovative efforts of loose or tight R&D cooperation in symmetric oligopolies. A comparison with the effects that apply with linear demand structures and implications for empirical research are also touched upon.
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