Regulatory Policies for Demand-Driven Innovation by Heterogeneous Firms

We investigate the innovation rate under the impact of business cycles to understand R&D activities and to derive implications for public policies. Combining price competition and endogenous market structure with the framework of dynamic game, we study the Markov perfect equilibrium where hetero...

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Bibliographic Details
Main Authors: LIN, Mei, LI, Shaojin, WHINSTON, Andrew
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2010
Subjects:
Online Access:https://ink.library.smu.edu.sg/sis_research/1721
http://doi.ieeecomputersociety.org/10.1109/HICSS.2010.315
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Institution: Singapore Management University
Language: English