In this chapter we propose an oligopoly model where firms invest in cost reducing R&D for producing homogeneous goods that are sold in a market. In particular, we assume that R&D efforts build up a "stock of knowledge", which, in turn, reduces marginal costs of production. Moreover, though all firms are competitors in the marketplace, they can decide to collaborate through cooperation agreements in a network for sharing their R&D results.

Knowledge accumulation in an R&D network

BISCHI, GIAN ITALO;
2011

Abstract

In this chapter we propose an oligopoly model where firms invest in cost reducing R&D for producing homogeneous goods that are sold in a market. In particular, we assume that R&D efforts build up a "stock of knowledge", which, in turn, reduces marginal costs of production. Moreover, though all firms are competitors in the marketplace, they can decide to collaborate through cooperation agreements in a network for sharing their R&D results.
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11576/2503191
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