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Author: | Peretto, P. F. |
Title: | Firm size, rivalry and the extent of the market in endogenous technological change |
Journal: | European Economic Review
1999 : OCT, VOL. 1747-1773 |
Index terms: | COMPETITION COMPANIES MARKET STRUCTURE TECHNOLOGICAL CHANGE PRODUCT VARIETY |
Language: | eng |
Abstract: | Evidence shows that firms build their market position by accumulating knowledge protected by secrecy, patents and other appropriation devices. It this paper, the implications of this fact are explored. There is a model economy used where oligopolistic firms establish in-house R&D programs. |
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