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R&D COMPETITION (r&d + competition)
Selected AbstractsHOW THE GLOBALIZATION OF R&D COMPETITION AFFECTS TRADE AND GROWTHTHE JAPANESE ECONOMIC REVIEW, Issue 3 2004GWANGHOON LEE The implications of international R&D competition on trade and growth are investigated. The model is one in which a separate R&D sector competes with the manufacturing sector to secure human capital, and technology is licensed to manufacturers by the winner of a pre-emptive R&D competition. The results show that globalization of R&D competition leads to trade between countries (even identical countries), because the result of competition leads to a reallocation of human capital between sectors. The winning country exports technology and traditional goods, while the loser exports manufactured goods. Globalization with indiscriminate technology licensing increases the world's economic growth rate. [source] R&D COMPETITION AND ENDOGENOUS SPILLOVERSTHE MANCHESTER SCHOOL, Issue 1 2006JIM Y. JIN The paper examines firms' choices between innovation and imitation in duopoly. We show that in the unique equilibrium asymmetric firms choose the same level of expenditure on imitation and the same ratio of innovative cost reduction to output. We evaluate the marginal contribution of innovation and imitation expenditure by small and large firms to consumer surplus and welfare, and discuss the desirability of differentiated R&D subsidies on innovation and imitation in terms of R&D tax rebates. [source] HOW THE GLOBALIZATION OF R&D COMPETITION AFFECTS TRADE AND GROWTHTHE JAPANESE ECONOMIC REVIEW, Issue 3 2004GWANGHOON LEE The implications of international R&D competition on trade and growth are investigated. The model is one in which a separate R&D sector competes with the manufacturing sector to secure human capital, and technology is licensed to manufacturers by the winner of a pre-emptive R&D competition. The results show that globalization of R&D competition leads to trade between countries (even identical countries), because the result of competition leads to a reallocation of human capital between sectors. The winning country exports technology and traditional goods, while the loser exports manufactured goods. Globalization with indiscriminate technology licensing increases the world's economic growth rate. [source] R&D AND BUYERS' WAITING OPTION,THE JOURNAL OF INDUSTRIAL ECONOMICS, Issue 1 2006EIRIK GAARD KRISTIANSEN Anticipation of technological progress may induce buyers to delay the adoption of new technologies. We analyze how buyers' waiting option may feed back into firm's timing of innovations. Buyers are shown to have inefficiently weak incentives to wait for potentially better products. This induces firms to accelerate the introduction of new products. Furthermore, buyers' inclination to adopt new technologies prematurely expands firms' scope for preemption of potential rivals. The analysis sheds light on R&D competition in durable goods markets such as the market for aircraft. [source] |