Two models of R&D competition in duopoly : two markets with budget constraints and dynamics.
Over the last few decades, research and development (R&D) has played an important role in the growth of global economy. While many R&D papers focus on R&D spillovers, few investigate the R&D spending strategy from a firm’s point of view. In this paper, we aim to formulate a competiti...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2012
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/48715 |