Endogenous R&D spillovers and locational choice
We present a three-stage game where two firms choose location, R&D and price, under the assumption that R&D spillovers depend on firms’ location. That is, the closer firms are to each other, the greater the benefit they receive from their rivals’ efforts in quality-enhancing R&D. We show...
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| Main Authors: | , |
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| Format: | Default Article |
| Published: |
2005
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| Subjects: | |
| Online Access: | https://hdl.handle.net/2134/2074 |
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