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https://hdl.handle.net/10419/18749
Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Lukach, Ruslan | en |
dc.contributor.author | Kort, Peter M. | en |
dc.contributor.author | Plasmans, Joseph | en |
dc.date.accessioned | 2009-01-28T15:52:37Z | - |
dc.date.available | 2009-01-28T15:52:37Z | - |
dc.date.issued | 2005 | - |
dc.identifier.uri | http://hdl.handle.net/10419/18749 | - |
dc.description.abstract | This paper studies R&D investment decisions of a firm facing the threat of new technology entry and subject to technical uncertainty. We distinguish four scenarios: inevitable entry, entry deterrence, entry blockade, and non-credible entry threat. The entry threat stimulates the incumbent to innovate in case entry prevention is possible, but discourages R&D if entry isinevitable. In the case of entry deterrence the incumbent successfully prevents entry by innovating. Greater technical uncertainty stimulates starting R&D and can result in implementation of more expensive research projects. The welfare analysis shows that the relation between welfare and entry cost and between welfare and uncertainty is nonmonotonic. | en |
dc.language.iso | eng | en |
dc.publisher | |aCenter for Economic Studies and ifo Institute (CESifo) |cMunich | en |
dc.relation.ispartofseries | |aCESifo Working Paper |x1385 | en |
dc.subject.jel | D21 | en |
dc.subject.jel | C72 | en |
dc.subject.jel | O31 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | investment under uncertainty | en |
dc.subject.keyword | real options | en |
dc.subject.keyword | R&D | en |
dc.subject.keyword | competition | en |
dc.subject.stw | Industrielle Forschung | en |
dc.subject.stw | Investition | en |
dc.subject.stw | Entscheidung bei Unsicherheit | en |
dc.subject.stw | Realoption | en |
dc.subject.stw | Potenzieller Wettbewerb | en |
dc.subject.stw | Markteintritt | en |
dc.subject.stw | Duopol | en |
dc.subject.stw | Innovationswettbewerb | en |
dc.subject.stw | Theorie | en |
dc.title | Optimal R&D investment strategies with quantity competition under the threat of superior entry | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 479268053 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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