학술저널
Cooperative and Noncooperative R&D in Vertically Related Markets
- 서울대학교 경제연구소
- Seoul Journal of Economics
- Seoul Journal of Economics Volume 15 No.3
-
2002.09423 - 436 (13 pages)
- 7
커버이미지 없음
This paper compare s R&D cooperation and R&D competition in a vertical market structure with an intermediate good producer and a final good producer. It is shown that cooperative R&D generates more R&D efforts, higher output and lower consumer price than non-cooperative R&D in a vertically related market.
Abstract
Ⅰ. Introduction
Ⅱ. Setup
Ⅲ. Models and Results
Ⅳ. Discussion
Ⅴ. Concluding Remarks
References
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