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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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2010
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| 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 |