Please use this identifier to cite or link to this item: https://scholarbank.nus.edu.sg/handle/10635/113902
DC FieldValue
dc.titleMultistage R&D competition and patent policy
dc.contributor.authorLim, W.S.
dc.date.accessioned2014-12-01T08:22:31Z
dc.date.available2014-12-01T08:22:31Z
dc.date.issued1998
dc.identifier.citationLim, W.S. (1998). Multistage R&D competition and patent policy. Journal of Economics/ Zeitschrift fur Nationalokonomie 68 (2) : 153-173. ScholarBank@NUS Repository.
dc.identifier.issn09318658
dc.identifier.urihttp://scholarbank.nus.edu.sg/handle/10635/113902
dc.description.abstractIn 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.
dc.sourceScopus
dc.subjectGames
dc.subjectMultistage R&D competition
dc.subjectPatent policy
dc.typeArticle
dc.contributor.departmentDECISION SCIENCES
dc.description.sourcetitleJournal of Economics/ Zeitschrift fur Nationalokonomie
dc.description.volume68
dc.description.issue2
dc.description.page153-173
dc.identifier.isiutNOT_IN_WOS
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