R&D and Social Inefficiency of Entry

被引：3

作者：

Wang L.F.S. ^{[1
]}

Chao A.C. ^{[2
]}

Lee J.-Y. ^{[3
]}

机构：

[1] Department of Applied Economics, National University of Kaohsiung, No. 700, Kaohsiung University Road, Nan-Tzu District 811, Kaohsiung

[2] Department of Economics, Southeast University, Nanjing

[3] Department of International Business, National Kaohsiung University of Applied Science, Kaohsiung

来源：

Journal of Industry, Competition and Trade | 2015年 / 15卷 / 2期

关键词：

Excessive entry; Insufficient entry; R&D;

D O I：

10.1007/s10842-014-0180-6

中图分类号：

学科分类号：

摘要：

In this paper, we allow the firms non-cooperatively but simultaneously to choose the R&D investment and output in different stages of the game with knowledge spillovers and show that when the deliberate decision of the firms on its R&D investment is acknowledged, entry is socially excessive. Our result has important implication for competition policy. © 2014, Springer Science+Business Media New York.

引用

页码：181 / 187

页数：6

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