A Simple Game–theoretic Framework for studying R&D expenditures and R&D Cooperation


Kaiser, Ulrich


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URL: http://ub-madoc.bib.uni-mannheim.de/493
URN: urn:nbn:de:bsz:180-madoc-4931
Document Type: Working paper
Year of publication: 2001
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: O31 ,
Subject headings (SWD): Spieltheorie , Spill-over-Effekt , Wettbewerb
Abstract: This paper derives a three stage Cournot duopoly game for research collaboration, research expenditures and product market competition. The amount of knowledge firms can absorb is made dependent on their own research efforts, e.g. firms' absorptive capacity is treated as an endogenous variable. It is shown that cooperating firms invest more in R&D than non–cooperating firms if spillovers are sufficiently large. The degree of market competition is a key determinant of the effects of research cooperation on research efforts, implying that existing models which assume perfect competition might be too restrictive.
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Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Kaiser, Ulrich (2001) A Simple Game–theoretic Framework for studying R&D expenditures and R&D Cooperation. Open Access [Working paper]
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