TY  - GEN
AB  - In this paper we analyze the dynamics of an R&D differential game allowing for
technological spillovers and sigmoid learning functions of multiproduct oligopolies.
We demonstrate how the presence of learning together with spillovers may generate
a rich set of outcomes, varying from constant leadership to catching-up and falling
behind as well as from technology lock-in to a situation with a large number of high
quality products. These types of outcomes are qualitatively different both from the
single firm dynamics with learning and from the duopoly case with spillovers and
without learning.
DA  - 2017
DO  - 10.4119/unibi/2915610
KW  - endogenous market structure
KW  - learning by doing
KW  - technological spillovers
KW  - heterogeneous innovations
KW  - differential games
LA  - eng
PY  - 2017
SN  - 2196-2723
SP  - 41-
TI  - Catching-up and falling behind: Effects of learning in an R&D differential game with spillovers
UR  - https://nbn-resolving.org/urn:nbn:de:0070-pub-29156108
Y2  - 2024-11-22T00:36:46
ER  -