A further note on endogenous spillovers in a non-tournament R&D duopoly

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Abstract

This note considers the paper of Poyago Theotoky (1999) on stretegic R&D with endogenous spillovers. It proves through an example that, under R&D collusion, optimality sometimes requires either minimal or asymmetric spillovers. It also provides a simple sufficient condition for optimal spillovers between colluding firms to involve maximal spillovers.
Lingua originaleEnglish
pagine (da-a)177-184
Numero di pagine8
RivistaReview of Industrial Organization
Volume33
Stato di pubblicazionePublished - 2008

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Duopoly
Spillover
Collusion
Optimality

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics
  • Strategy and Management
  • Organizational Behavior and Human Resource Management
  • Management of Technology and Innovation

Cita questo

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abstract = "This note considers the paper of Poyago Theotoky (1999) on stretegic R&D with endogenous spillovers. It proves through an example that, under R&D collusion, optimality sometimes requires either minimal or asymmetric spillovers. It also provides a simple sufficient condition for optimal spillovers between colluding firms to involve maximal spillovers.",
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AB - This note considers the paper of Poyago Theotoky (1999) on stretegic R&D with endogenous spillovers. It proves through an example that, under R&D collusion, optimality sometimes requires either minimal or asymmetric spillovers. It also provides a simple sufficient condition for optimal spillovers between colluding firms to involve maximal spillovers.

KW - Endogenous asymmetry

KW - Endogenous spillovers

KW - R&D collusion

UR - http://hdl.handle.net/10447/46990

M3 - Article

VL - 33

SP - 177

EP - 184

JO - Review of Industrial Organization

JF - Review of Industrial Organization

SN - 0889-938X

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