R&D Investment Competition and Efficiency in a Mixed Duopoly Model, with Endogenous Spillover
In this paper, a mixed duopoly model is used to explain how ownership structure influences the innovation performances of firms. A three stage-game is adopted in the study. In first stage, firms make R&D expenditure which leads to a profit increasing; in the second stage, firms choose the level...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
EDP Sciences
2021-01-01
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| Series: | E3S Web of Conferences |
| Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/11/e3sconf_netid2021_03075.pdf |