Quaderni DSE Working Paper No. 753
25 Pages Posted: 11 Jun 2011
Date Written: June 8, 2011
We analyze an Open Innovation process in a Cournot duopoly using a differential game approach where knowledge spillovers are endogenously determined via the R&D process. The game produces multiple steady states, allowing for an asymmetric solution where a firm may trade off the R&D investment against information absorption from the rival.
Keywords: R&D, spillovers, dynamic games
JEL Classification: C73, L13, O31
Suggested Citation: Suggested Citation
Hasnas, Irina and Lambertini, Luca and Palestini, Arsen, Open Innovation in a Dynamic Cournot Duopoly (June 8, 2011). Quaderni DSE Working Paper No. 753. Available at SSRN: https://ssrn.com/abstract=1860116 or http://dx.doi.org/10.2139/ssrn.1860116