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Author:Doraszelski, U.
Title:An R&D race with knowledge accumulation
Journal:RAND Journal of Economics
2003 : SPRING, VOL. 34:1, p. 20-42
Index terms:R&D
Knowledge management
Language:eng
Abstract:The author finds that firms' knowledge accumulation has strategic implications. He obtains results that stand in marked contrast to the previous literature. In particular, under some conditions, the firm that is behind in the race engages in catch-up behaviour.
SCIMA record nr: 251146
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