DISTORTING THE DIRECTION OF TECHNOLOGICAL-CHANGE

被引:4
作者
ADAMS, WJ [1 ]
ENCAOUA, D [1 ]
机构
[1] UNIV PARIS 01, F-75231 PARIS 05, FRANCE
关键词
STRATEGIC INVENTION; ENTRY DETERRENCE; TECHNICAL CHANGE; MARKET PREEMPTION; RESEARCH AND DEVELOPMENT;
D O I
10.1016/0014-2921(94)90101-5
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article explores a monopolist's incentive to distort the direction of technological change. For strategic reasons, the monopolist might invent and employ a socially undesirable technology. In so doing, he might jeopardize not only the vigor of product-market competition but also the development of socially desirable methods of production. As a result, technological dynamism cannot be considered a social virtue until its direction is compared with the social optimum.
引用
收藏
页码:663 / 673
页数:11
相关论文
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