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https://hdl.handle.net/10419/29367
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DC Field | Value | Language |
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dc.contributor.author | Harhoff, Dietmar | en |
dc.date.accessioned | 2010-01-12T15:53:33Z | - |
dc.date.available | 2010-01-12T15:53:33Z | - |
dc.date.issued | 1991 | - |
dc.identifier.uri | http://hdl.handle.net/10419/29367 | - |
dc.description.abstract | This paper develops a two-industry model of R&D. A monopolist supplier sells an intermediate good to an oligopolistic buyer industry where firms compete in quantity and quality-enhancing R&D. The supplier can contribute to downstream product improvements by creating spillover knowledge which downstream firms use as a substitute for their own R&D efforts. Even if a market for R&D information fails to exist, the supplier may appropriate an indirect return on R&D for two reasons. Sufficiently high levels of spillover information lead to greater downstream product quality, and spillover information reduces the sunk cost of R&D necessary to enter the downstream industry. Both effects cause an expansion of downstream output and enhance the demand for the supplier's intermediate good. Given sufficiently strong incentives for supplier R&D, the locus of R&D shifts partially from the downstream to the upstream industry. R&D intensities, technological opportunities, and the industry structure of the downstream industry are determined endogenously. The R&D behavior of supplier and buyer firms is characterized by switching equilibria, thereby providing support for the notion of distinct technological regimes. | en |
dc.language.iso | eng | en |
dc.publisher | |aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheim | en |
dc.relation.ispartofseries | |aZEW Discussion Papers |x91-06 | en |
dc.subject.jel | O31 | en |
dc.subject.ddc | 330 | en |
dc.subject.stw | Industrielle Forschung | en |
dc.subject.stw | Ökonomischer Anreiz | en |
dc.subject.stw | Theorie | en |
dc.title | R&D incentives and spillovers in a two-industry model | - |
dc.type | |aWorking Paper | en |
dc.identifier.ppn | 882169750 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:zewdip:9106 | en |
dc.date.issuedonline | 2010 | en |
dc.publisher.online | |aZBW – Leibniz Information Centre for Economics |cKiel, Hamburg | en |
econstor.documentversion | Digitized Version | en |
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