کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5098671 1376951 2013 26 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
From mind to market: A global, dynamic analysis of R&D
ترجمه فارسی عنوان
از ذهن به بازار: تجزیه و تحلیل جهانی و پویا تحقیق و توسعه
موضوعات مرتبط
مهندسی و علوم پایه ریاضیات کنترل و بهینه سازی
چکیده انگلیسی
Existing models of R&D are not easily reconciled with four observable aspects of R&D: initial technologies (ideas) need to be developed further, only a minority of initial ideas are successfully brought to the market, production and process innovations take place simultaneously (whereby, initially, there is no production at all), and process innovations are implemented for technologies that are destined to leave the market. We present a detailed bifurcation analysis for a dynamic model of R&D that captures these observations in one, unifying framework. As we provide a global analysis, we do not limit initial technologies to carry marginal costs that are below the choke price. We show that there always exists a critical value of initial marginal cost above which the firm does not initiate any (R&D) activity; the path to the saddle-point steady state is never globally optimal. We also sketch some tentative policy implications of our analysis.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Dynamics and Control - Volume 37, Issue 12, December 2013, Pages 2729-2754
نویسندگان
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