Cost Reduction, Competitive Pressure and Firms' Optimal R&D Strategies in a Duopolistic Industry

被引：0
|
作者：
Domenico Campisi
Paolo Mancuso
Alberto Nastasi
机构：
[1] Institute of Systems Analysis and Computer Science,National Research Council
[2] University of Rome “Tor Vergata”,Department of Production, Systems and Computer Science
来源：
Review of Industrial Organization | 1997年 / 12卷
关键词：
Noncooperative R&D; dynamic noncooperative feedback game; stock of technological knowledge; intra-industry spillovers; extra-industry R&D;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
This paper deals with a duopolistic industry where firms are engaged in cost-reducing R&D activity in order to maximize their market shares. Firms' R&D competition is characterized as a dynamic noncooperative feedback game where the optimal strategies are affected by the extra-industry R&D activity and the degree of intra-industry spillovers. Numerical simulations highlight the importance of the assumptions on the firms' absorptive capacity (to exploit external knowledge) in determining the optimal levels of firms R&D investrnents.
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页码：259 / 270
页数：11
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