Article ID Journal Published Year Pages File Type
5054831 Economic Modelling 2013 7 Pages PDF
Abstract
► The study object includes labor-managed firms, not merely profit-maximizing firms. ► We develop a two-stage R&D game model with spillover and absorptive capacity. ► The effect of absorptive capacity in LMF is compared with the case in PMF. ► 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
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