The R&D incentives of industry leaders.

This paper presents a model to explain why industry leader firms often devote substantial resources to R&D activities and explores the welfare implications of this investment. The key new assumption is that industry leaders can improve their own products more easily than can other firms. When indu...

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Detalles Bibliográficos

Publicado en:	International Economic Review Vol. 40; no. 3; pp. 745 - 767
Autores principales:	Segerstrom, Paul S., Zolnierek, James M.
Formato:	Artículo
Publicado:	Wiley-Blackwell August 1999
Materias:	Mathematical finance Welfare economics Economic equilibrium Resource allocation > Mathematical models Industrial research Mathematical models Finance
Acceso en línea:	Ver este registro en EBSCOhost