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