Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5054831 | Economic Modelling | 2013 | 7 Pages |
Abstract
⺠The study object includes labor-managed firms, not merely profit-maximizing firms. ⺠We develop a two-stage R&D game model with spillover and absorptive capacity. ⺠The effect of absorptive capacity in LMF is compared with the case in PMF. ⺠We explore the strategic interactions of output, R&D investment and social welfare.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Jianli Luo,