Welfare of Vertical R&D Cooperation and Competition

被引:0
|
作者
Ma, Rufei [1 ]
机构
[1] Macau Univ Sci & Technol, Fac Management & Adm, Taipa, Macao, Peoples R China
关键词
welfare; R & D; cooperation; competition; differential game; SPILLOVERS;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper analyzes the social welfare of vertical dynamical R&D cooperation and competition. By comparing the social welfare of two different R&D strategies, I show that the social welfare of R&D cooperation is significant larger than that of competition strategy in long term, I also show that the social welfare will increase as cooperation deepening.
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页数:3
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