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R&D dynamics with asymmetric efficiency

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Detalhes bibliográficos
Resumo:We consider an R&D investment function in a Cournot duopoly competition model inspired in the logistic equation. We study the economical effects resulting from the firms having different R&D efficiencies. We present three cases: (1) both firms are efficient and have the same degree of efficiency; (2) both firms are less efficient and have the same degree of efficiency; (3) firms are asymmetric in terms of the efficiency of their R&D investment programs. We study the myopic dynamics on the production costs obtained from investing the Nash investment equilibria.
Autores principais:Ferreira, Miguel
Outros Autores:Almeida, João P.; Oliveira, Beatriz; Pinto, Alberto A.
Assunto:Strategic R&D Cournot duopoly Patents
Ano:2016
País:Portugal
Tipo de documento:comunicação em conferência
Tipo de acesso:acesso aberto
Instituição associada:Instituto Politécnico de Bragança
Idioma:inglês
Origem:Biblioteca Digital do IPB

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