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 |
| _version_ | 1818406588877111296 |
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| author | Han Jie Li Zelong |
| author_facet | Han Jie Li Zelong |
| author_sort | Han Jie |
| collection | DOAJ |
| description | 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 of technological improvement they would like to share with the rival; and production quantity will be decided in the final stage. The theory explains that as long as public firms continue their dual roles as productive entities and social safety nets, they cannot be purely profit-oriented, and continue to have poor innovation performance. |
| first_indexed | 2024-12-14T09:14:20Z |
| format | Article |
| id | doaj.art-e56b1dcaa20c403fb15b927b777876b4 |
| institution | Directory Open Access Journal |
| issn | 2267-1242 |
| language | English |
| last_indexed | 2024-12-14T09:14:20Z |
| publishDate | 2021-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | E3S Web of Conferences |
| spelling | doaj.art-e56b1dcaa20c403fb15b927b777876b42022-12-21T23:08:29ZengEDP SciencesE3S Web of Conferences2267-12422021-01-012350307510.1051/e3sconf/202123503075e3sconf_netid2021_03075R&D Investment Competition and Efficiency in a Mixed Duopoly Model, with Endogenous SpilloverHan Jie0Li Zelong1Dept. of Economics, North China University of TechnologyDept. of Economics, North China University of TechnologyIn 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 of technological improvement they would like to share with the rival; and production quantity will be decided in the final stage. The theory explains that as long as public firms continue their dual roles as productive entities and social safety nets, they cannot be purely profit-oriented, and continue to have poor innovation performance.https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/11/e3sconf_netid2021_03075.pdf |
| spellingShingle | Han Jie Li Zelong R&D Investment Competition and Efficiency in a Mixed Duopoly Model, with Endogenous Spillover E3S Web of Conferences |
| title | R&D Investment Competition and Efficiency in a Mixed Duopoly Model, with Endogenous Spillover |
| title_full | R&D Investment Competition and Efficiency in a Mixed Duopoly Model, with Endogenous Spillover |
| title_fullStr | R&D Investment Competition and Efficiency in a Mixed Duopoly Model, with Endogenous Spillover |
| title_full_unstemmed | R&D Investment Competition and Efficiency in a Mixed Duopoly Model, with Endogenous Spillover |
| title_short | R&D Investment Competition and Efficiency in a Mixed Duopoly Model, with Endogenous Spillover |
| title_sort | r d investment competition and efficiency in a mixed duopoly model with endogenous spillover |
| url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/11/e3sconf_netid2021_03075.pdf |
| work_keys_str_mv | AT hanjie rdinvestmentcompetitionandefficiencyinamixedduopolymodelwithendogenousspillover AT lizelong rdinvestmentcompetitionandefficiencyinamixedduopolymodelwithendogenousspillover |