Please use this identifier to cite or link to this item:
Title: Multistage R&D competition and patent policy
Authors: Lim, W.S. 
Keywords: Games
Multistage R&D competition
Patent policy
Issue Date: 1998
Citation: Lim, W.S. (1998). Multistage R&D competition and patent policy. Journal of Economics/ Zeitschrift fur Nationalokonomie 68 (2) : 153-173. ScholarBank@NUS Repository.
Abstract: In this paper a model of multistage R&D patent policy is investigated. We study the impact of the duration of patent protection for intermediate products on R&D races when the discovery of the final product requires the accomplishment of an intermediate step. Using a multistage model where firms choose their levels of research investment at each stage, we find all subgame-perfect equilibria of the game. We also determine how competition affects a firm's level of research investment at different stages of the R&D competition.
Source Title: Journal of Economics/ Zeitschrift fur Nationalokonomie
ISSN: 09318658
Appears in Collections:Staff Publications

Show full item record
Files in This Item:
There are no files associated with this item.

Page view(s)

checked on Sep 22, 2022

Google ScholarTM


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.