search query: @indexterm Industrial organization / total: 223
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| Author: | Amir, R. |
| Title: | Modelling imperfectly appropriate R&D via spillovers |
| Journal: | International Journal of Industrial Organization
2000 : OCT, VOL. 18:7, p. 1013-1032 |
| Index terms: | MICROECONOMICS MODELS INDUSTRIAL ORGANIZATION |
| Language: | eng |
| Abstract: | The authors provide an extensive comparison of the well-known R&D models of d'Aspermont-Jacuemin and Kamein- Muller-Zang, exposing full or partial conflict in key conclusions and policy prescriptions. Using a max of formal and/or intuitive criteria, the authors argue that the first model is of questionable validity for large spillover values, the latter being characterized by jointly increasing returns to scale in the R&D process. |
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