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Strategic R&D Policy

Author

Listed:
  • Beath, John
  • Katsoulacos, Yannis
  • Ulph, David

Abstract

The outcome of technological competition between firms (or countries) depends on the resolution of two forces: the profit incentive and the competitive threat. This is illustrated using a simple duopoly model. This model is then used to analyze two policy issues: subsidizing R & D and collaborative research ventures. In evaluating the second of these, some use is made of numerical simulations.

Suggested Citation

  • Beath, John & Katsoulacos, Yannis & Ulph, David, 1988. "Strategic R&D Policy," CEPR Discussion Papers 276, C.E.P.R. Discussion Papers.
  • Handle: RePEc:cpr:ceprdp:276
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