Government Subsidies Transmission Mechanism to High-tech Research and Development Firms

被引：0
|
作者：
Zhang Hanjiang [1 ]
Li Haixia [1 ]
机构：
[1] Hunan Univ, Coll Econ & Trade, Changsha 410082, Hunan, Peoples R China
来源：
LOGISTICS AND SUPPLY CHAIN RESEARCH IN CHINA | 2010年
关键词：
Subsidies; Time value; Cournot;
D O I：
暂无
中图分类号：
T [工业技术];
学科分类号：
08 ;
摘要：
This paper considers the Government subsidies policy transmission mechanism to two Cournot competing firms, both of which have same products and plan high- tech research and development. The problem is studied using a game model with different stages in a technology cycle. The high-tech research and development firm will obtain government subsidies, and according to the time value of money on the two firms, we make a discount calculation about the two enterprise's profit. We analyze government subsidies policy transmission mechanism to high-tech research and development firm by comparing the results of market equilibrium. Our results highlight only the two firms investing equally in research and development is a stable equilibrium.
引用
收藏
页码：78 / 83
页数：6
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