Article ID Journal Published Year Pages File Type
5061043 Economics Letters 2009 4 Pages PDF
Abstract
We endogenize competitiveness asymmetries between firms through commitment power asymmetries in R&D. We show that, relatively to firms with no commitment power in R&D, firms with a first-mover advantage in R&D achieve higher competitiveness levels.
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Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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R&D and endogenous asymmetries between firms
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