期刊名称：CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
出版年度：2010
卷号：2010
期号：1
出版社：Center for Operations Research and Econometrics (UCL), Louvain
摘要：In this paper we modify a standard quality ladder model by assuming that R&D is driven by outsider
firms and the winners of the race sell licenses over their patents, instead of entering directly the inter-
mediate good sector. As a reward they get the aggregate profit of the industry. Moreover, in the
intermediate good sector firms compete à la Cournot and it is assumed that there are spillovers
represented by strategic complementarities on costs. Our goal is to prove that there exists an interval of
values of the spillover parameter such that the relationship between competition and growth is an
inverted-U-shape.
关键词：Keywords: quality ladder, Cournot oligopoly, strategic complementarities, competition and growth
