R&D tournaments with spillovers

被引：5
|
作者：
Zhou H. [1 ]
机构：
[1] Department of Economics, Old Dominion University, Norfolk
来源：
Atlantic Economic Journal | 2006年 / 34卷 / 3期
关键词：
endogenous reward; R&D; Schumpeterian hypothesis; Spillover; Tournament; Uncertainty;
D O I：
10.1007/s11293-006-9023-0
中图分类号：
学科分类号：
摘要：
This paper studies the influence of uncertainty and spillovers on a contestant's R&D spending. The relationship between market structure and R&D spending is shown to be sensitive to the form of uncertainty that characterizes the R&D process. When reward to the winner is endogenously determined by R&D spending, a contestant's R&D spending may increase with the degree of spillovers. © IAES 2006.
引用
收藏
页码：327 / 339
页数：12
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