R&D policy and privatization in a mixed oligopoly

We introduce R&D activity and R&D subsidies in the context of a mixed oligopoly and evaluate the effects of privatization on welfare. We show that when R&D subsidies are employed, privatization is welfare and R&D promoting provided that the number of competitors is sufficiently large...

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Bibliographic Details

Main Authors:	Maria Jose Gil-Molto, Joanna Poyago-Theotoky, Vasileios Zikos
Format:	Default Preprint
Published:	2006
Subjects:	Other economics not elsewhere classified Mixed oligopoly Process innovation R&D subsidy Privatization Economics not elsewhere classified
Online Access:	https://hdl.handle.net/2134/4159
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