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R & D, Innovation and Industrial Structure: Essays on the Theory of Technological Competition(Contributions to Economics)

R & D, Innovation and Industrial Structure: Essays on the Theory of Technological Competition(Contributions to Economics)


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About the Book

The common theme of this collection of studies is the interaction between innovative activity and industrial structure. This interaction is represented in a modelization via dynamic games. An integrated framework designed to model innovation and market competition with sequential innovative entry is developed. The framework can be used to analyze both product and process innovations. Furthermore, an analysis of the incentives firms use to strategically defer information revelation about successful innovation (and, therefore, delayed commercial use) is undertaken. A last topic discussed is the influence of financial contraints on innovational efforts of both constrained and unconstrained firms under competition. Besides these topics, a systematic and thorough survey of the newest game theoretical literature is provided.

Table of Contents:
1 Introduction.- 2 A Review of the Literature on Technological Competition.- 2.1 Introduction.- 2.2 One-Shot Technological Competition.- 2.3 Dynamic and Multi-Stage Technological Competition.- 2.4 Sequential Entry and Technology Choice from a Given Set.- 3 Sequential Innovative Entry and Endogenous Technology Choice.- 3.1 Introduction.- 3.2 Endogenous Technology Choice and Sequential Entry.- 3.3 Comparative Statics.- 3.4 The Endogeneity of Competitive Structure: Mixed Games.- 3.5 Summary and Conclusion.- 4 Strategic Use of Delay and Secrecy for Rent Protection in Technological Competition.- 4.1 Introduction.- 4.2 Revelation of Information and Delay.- 4.3 Strategic Delay if the Research Technology is Random.- 4.4 Comparative Statics.- 4.5 Summary and Conclusion.- 5 Innovation under Financial Constraints.- 5.1 Introduction.- 5.2 Financial Constraints in Optimal Contracts.- 5.3 A Two-Period Model of Innovation and Competition.- 5.4 Financial Constraints, Competition and Predation.- 5.5 Summary and Conclusion.- 6 Summary and Conclusions.- A.1 Proof of Theorem 3.1.- A.2 Proof of Theorem 3.2.- A.3 Proof of Proposition 3.10.- A.4 Proof of Theorem 4.2.- A.5 Proof of Theorem 4.3.- A.6 Proof of Theorem 5.1.- References.


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Product Details
  • ISBN-13: 9783790809008
  • Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
  • Publisher Imprint: Physica-Verlag GmbH & Co
  • Height: 235 mm
  • No of Pages: 158
  • Series Title: Contributions to Economics
  • Width: 155 mm
  • ISBN-10: 3790809004
  • Publisher Date: 01 Dec 1995
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Sub Title: Essays on the Theory of Technological Competition


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R & D, Innovation and Industrial Structure: Essays on the Theory of Technological Competition(Contributions to Economics)
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