Detail An R&D Race With Knowledge Accumulation   Oleh:  Doraszelski, Ulrich Jenis: Article from Bulletin/Magazine Dalam koleksi: The Rand Journal of Economics vol. 34 no. 1 (2003), page 20-42. Topik: KNOWLEDGE; R & D race; knowledge accumulation Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: RR10 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel I develop a model of an R & D race with knowledge accumulation. My model does not inherit the memorylessness property of the exponential distribution that troubles existing models of R & D races. Hence, firms' knowledge stocks are no longer irrelevant to their behavior during the R & D race, and knowledge accumulation has strategic implications. In this more general setting, I obtain results that stand in marked contrast to the previous literature. In particular, under some conditions, the firm that is behind in the race engages in catch - up behaviour. This pattern of strategic interactions (action - reaction) is consistent with empirical research. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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