Regulatory Policies for Demand-Driven Innovation by Heterogeneous Firms

• المؤلفون الرئيسيون: LIN, Mei, LI, Shaojin, WHINSTON, Andrew
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2010
• الموضوعات: innovation rate; business cycles; research and development; public policy; Computer Sciences; Technology and Innovation
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/sis_research/1721; http://doi.ieeecomputersociety.org/10.1109/HICSS.2010.315

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...