INCENTIVES TO INNOVATE IN OLIGOPOLIES

被引:22
作者
Belleflamme, Paul [1 ,2 ]
Vergari, Cecilia [1 ,3 ,4 ]
机构
[1] Catholic Univ Louvain, CORE, Louvain, Belgium
[2] Catholic Univ Louvain, Louvain Sch Management, Louvain, Belgium
[3] Univ Roma Tre, Rome, Italy
[4] Univ Bologna, I-40126 Bologna, Italy
关键词
RESEARCH-AND-DEVELOPMENT; DIFFERENTIATED DUOPOLY; COST REDUCTION; COMPETITION; COURNOT; INTENSITY; INDUSTRY; BERTRAND;
D O I
10.1111/j.1467-9957.2009.02131.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
In the spirit of Arrow (The Rate and Direction of Inventive Activity, Princeton, NJ, Princeton University Press, 1962), we examine, in an oligopoly model with horizontally differentiated products, how much a firm is willing to pay for a process innovation that it would be the only one to use. We show that different measures of competition (number of firms, degree of product differentiation, Cournot vs. Bertrand) affect incentives to innovate in non-monotonic, different and potentially opposite ways.
引用
收藏
页码:6 / 28
页数:23
相关论文
共 24 条
[1]   Competition and innovation: An inverted-U relationship [J].
Aghion, P ;
Bloom, N ;
Blundell, R ;
Griffith, R ;
Howitt, P .
QUARTERLY JOURNAL OF ECONOMICS, 2005, 120 (02) :701-728
[2]   Noncooperative versus cooperative R&D with endogenous spillover rates [J].
Amir, R ;
Evstigneev, I ;
Wooders, J .
GAMES AND ECONOMIC BEHAVIOR, 2003, 42 (02) :183-207
[3]  
[Anonymous], 1962, RATE DIRECTION INVEN, DOI DOI 10.1521/IJGP.2006.56.2.191
[4]  
[Anonymous], 2013, Capitalism
[5]   THE INCENTIVES FOR COST REDUCTION IN A DIFFERENTIATED INDUSTRY [J].
BESTER, H ;
PETRAKIS, E .
INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION, 1993, 11 (04) :519-534
[6]   Market share, market value and innovation in a panel of British manufacturing firms [J].
Blundell, R ;
Griffith, R ;
Van Reenen, J .
REVIEW OF ECONOMIC STUDIES, 1999, 66 (03) :529-554
[7]   Intensity of competition and the choice between product and process innovation [J].
Bonanno, G ;
Haworth, B .
INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION, 1998, 16 (04) :495-510
[9]   STRATEGIC COMMITMENT WITH R-AND-D - THE SYMMETRIC CASE [J].
BRANDER, JA ;
SPENCER, BJ .
BELL JOURNAL OF ECONOMICS, 1983, 14 (01) :225-235
[10]  
DASPREMONT C, 1988, AM ECON REV, V78, P1133