Abstract

http://ssrn.com/abstract=1732457
 
 

References (23)



 
 

Citations (4)



 


 



Incentives to Innovate in Oligopolies


Paul Belleflamme


CORE and Louvain School of Management, UCL (Université Catholique de Louvain); CESifo (Center for Economic Studies and Ifo Institute)

Cecilia Vergari


University of Bologna - Department of Economics

December 16, 2010

The Manchester School, Vol. 79, Issue 1, pp. 6-28, 2010

Abstract:     
In the spirit of Arrow (The Rate and Direction of Inventive Activity, Princeton, NJ, Princeton University Press, 1962), we examine, in an oligopoly model with horizontally differentiated products, how much a firm is willing to pay for a process innovation that it would be the only one to use. We show that different measures of competition (number of firms, degree of product differentiation, Cournot vs. Bertrand) affect incentives to innovate in non-monotonic, different and potentially opposite ways.

Number of Pages in PDF File: 23

Accepted Paper Series


Date posted: December 30, 2010  

Suggested Citation

Belleflamme, Paul and Vergari, Cecilia, Incentives to Innovate in Oligopolies (December 16, 2010). The Manchester School, Vol. 79, Issue 1, pp. 6-28, 2010. Available at SSRN: http://ssrn.com/abstract=1732457 or http://dx.doi.org/10.1111/j.1467-9957.2009.02131.x

Contact Information

Paul Belleflamme (Contact Author)
CORE and Louvain School of Management, UCL (Université Catholique de Louvain) ( email )
34 Voie du Roman Pays
B-1348 Louvain-la-Neuve, B-1348
Belgium
+32 10 47 82 91 (Phone)
+32 10 47 43 01 (Fax)
HOME PAGE: http://perso.uclouvain.be/paul.belleflamme/Site/Home.html
CESifo (Center for Economic Studies and Ifo Institute)
Poschinger Str. 5
Munich, DE-81679
Germany
Cecilia Vergari
University of Bologna - Department of Economics ( email )
Piazza Scaravilli 2
Bologna, 40100
Italy
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References:  23
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