Vertical structure and innovation: A study of the SoC and smartphone industries.

This article studies how vertical integration and upstream R&D subsidy affect innovation and welfare in vertically separated industries. I formulate a dynamic structural model of a dominant upstream firm and oligopolistic downstream firms that invest in complementary innovations. I estimate the mode...

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Publicado en:	RAND Journal of Economics (Wiley-Blackwell) Vol. 51; no. 3; pp. 739 - 786
Autor principal:	Yang, Chenyu
Formato:	Artículo
Publicado:	Wiley-Blackwell Sep2020
Materias:	Technological innovations Smartphone industry Vertical integration Structural models Dynamic models
Acceso en línea:	Ver este registro en EBSCOhost