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Cost-Reducing and Demand-Creating R&D With Spillovers

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NBER1989-03-01 更新2025-01-04 收录
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This paper analyzes R&D policies when the returns to cost-reducing and demand-creating R&D are imperfectly appropriable and market structure is endogenous. Previous characterizations of appropriability are generalized to permit the possibility that own and rival R&D are imperfect substitutes. We

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1989-03-01
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