The Invariance of R&D to the Number of Firms in the Industry
收藏数据链接：
官方服务：
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
