A Schumpeterian Model of Duopolistic Competition

Aim. This paper models the dynamics of technological change through the competitive interaction of two firms. The duopolists strive to outperform each other by exploiting the two fundamental Schumpeterian forces of economic development: innovation and imitation. method. By extending over a number of...

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Bibliographic Details
Main Authors: Guido Giacomo Preparata, Giuliano Preparata
Format: Article
Language:English
Published: Financial University 2022-03-01
Series:Review of Business and Economics Studies
Subjects:
Online Access:https://rbes.fa.ru/jour/article/view/181/182