Two models of R&D competition in duopoly : two markets with budget constraints and dynamics.

• Main Authors: Li, Siwei., Quan, Jun., Xu, Han.
• 其他作者: School of Humanities and Social Sciences
• 格式: Final Year Project
• 語言: English
• 出版: 2012
• 主題: DRNTU::Social sciences::Economic theory::Microeconomics
• 在線閱讀: http://hdl.handle.net/10356/48715
• 機構: Nanyang Technological University

Over the last few decades, research and development (R&D) has played an important role in the growth of global economy. While many R&D papers focus on R&D spillovers, few investigate the R&D spending strategy from a firm’s point of view. In this paper, we aim to formulate a competiti...