R&D incentives and market structure: Dynamic analysis

被引：31
|
作者：
Cellini, R [1 ]
Lambertini, L
机构：
[1] Univ Catania, Dept Econ, Catania, Italy
[2] Univ Bologna, Dept Econ, Bologna, Italy
来源：
JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS | 2005年 / 126卷 / 01期
关键词：
differential games; optimal control; research and development;
D O I：
10.1007/s10957-005-2659-0
中图分类号：
C93 [管理学]; O22 [运筹学];
学科分类号：
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要：
We investigate dynamic R&D for process innovation in an oligopoly where firms invest in cost-reducing activities. We focus on the relationship between R&D intensity and market structure, proving that the industry R&D investment increases monotonically with the number of firms. This Arrowian result contradicts the established wisdom acquired from static games on the same topic.
引用
收藏
页码：85 / 96
页数：12
相关论文
共 50 条
  • [1] R&D Incentives and Market Structure: Dynamic Analysis
    R. Cellini
    L. Lambertini
    [J]. Journal of Optimization Theory and Applications, 2005, 126 : 85 - 96
  • [2] Patent pools and dynamic R&D incentives
    Dequiedt, Vianney
    Versaevel, Bruno
    [J]. INTERNATIONAL REVIEW OF LAW AND ECONOMICS, 2013, 36 : 59 - 69
  • [3] R&D subsidies in a model of growth with dynamic market structure
    Laincz, Christopher A.
    [J]. JOURNAL OF EVOLUTIONARY ECONOMICS, 2009, 19 (05) : 643 - 673
  • [4] R&D subsidies in a model of growth with dynamic market structure
    Christopher A. Laincz
    [J]. Journal of Evolutionary Economics, 2009, 19 : 643 - 673
  • [5] From mind to market: A global, dynamic analysis of R&D
    Hinloopen, Jeroen
    Smrkolj, Grega
    Wagener, Florian
    [J]. JOURNAL OF ECONOMIC DYNAMICS & CONTROL, 2013, 37 (12): : 2729 - 2754
  • [6] R&D Portfolio and Market Structure
    Kwon, Illoong
    [J]. ECONOMIC JOURNAL, 2010, 120 (543): : 313 - 323
  • [7] Executive risk incentives, product market competition, and R&D
    Abdoh, Hussein
    Liu, Yu
    [J]. FINANCIAL REVIEW, 2021, 56 (01) : 133 - 156
  • [8] Agency problem in R&D and incentives for R&D
    Luo, PL
    Liu, LY
    Zheng, SL
    [J]. PROCEEDINGS OF THE SECOND INTERNATIONAL SYMPOSIUM ON MANAGEMENT OF TECHNOLOGY, 1998, : 521 - 526
  • [9] Antibacterial R&D incentives
    Ramanan Laxminarayan
    John H. Powers
    [J]. Nature Reviews Drug Discovery, 2011, 10 : 727 - 728
  • [10] Market structure and the allocation of R&D expenditures
    Kato, A
    [J]. ECONOMICS LETTERS, 2005, 87 (01) : 55 - 59
12345