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This paper presents a dynamic model of a competitive R&D and production duopoly subject to knowledge spillovers. Two asymmetric firms operate for a limited period of time and dispose their knowledge capital in the end. Both firms and the social planner prefer the R&D-cooperative strategy over...
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This paper presents a dynamic model of a competitive R&D and production duopoly subject to knowledge spillovers. Two asymmetric firms operate for a limited period of time and dispose of their knowledge capital in the end. Both firms and the social planner prefer the R&D-cooperative strategy over...
Persistent link: https://www.econbiz.de/10013318740
innovation efficiency process. The influence of the potential and realized absorptive capacity on new products is significant and … interesting to extend the research to another innovation metrics as new organizational methods, new processes, new designs or new … decision for the firm's innovation. Companies must be conscious that while suppliers and customers' cooperation are relevant …
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