Income, Endogenous Market Structure and Innovation

Income, Endogenous Market Structure and Innovation

We investigate the effect of income distribution on R&D in a dynamic framework. Our model captures both the infinite R&D race among heterogeneous innovators and a market where successful innovators generate revenues. The market structure of successful innovations is endogenous – firms produc...

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Bibliographic Details
Main Authors: LIN, Mei, LI, Shaojin, Whinston, Andrew B.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2010
Subjects:
Innovation
market structure
income inequality
computation
Computer Sciences
Technology and Innovation
Online Access:https://ink.library.smu.edu.sg/sis_research/1728
https://ink.library.smu.edu.sg/context/sis_research/article/2727/viewcontent/SSRN_id1622835.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/sis_research/1728
https://ink.library.smu.edu.sg/context/sis_research/article/2727/viewcontent/SSRN_id1622835.pdf

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