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The Invariance of R&D to the Number of Firms in the Industry

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NBER1986-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1798
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资源简介:
Thi spaper presents certain remarkably simple results concerning market's allocation to R&D and its comparison to socially efficient allocations. We posit that a firm can undertake more than one project aimed at the same innovation, and consider a product market characterized by Bertrand competition
提供机构:
美国国家经济研究局
创建时间:
1986-01-01
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