Full Disclosure of Knowledge Between Rivals

Mário Alexandre Patrício Martins da Silva ()
Additional contact information
Mário Alexandre Patrício Martins da Silva: Faculdade de Economia do Porto

FEP Working Papers from Universidade do Porto, Faculdade de Economia do Porto

Abstract: We develop a symmetric duopoly model with strategic R&D spillovers where a specific type of innovation, recombinant innovation is introduced. Two major factors of effective knowledge spillovers, the technological learning parameters of the recombinant generation of new knowledge and the absorptive capacity of firms, are assumed to be exogenously determined. However, the third principal factor of the effectiveness of learning from rivals is endogenous: it is assumed that firms have control over the two individual spillover coefficients of the model. It is shown that identical firms operating in the same industry choose the highest level for the two spillover variables under plausible constellations of learning parameters. Furthermore, the realistic set of learning parameters is enlarged in the case where firms are able to commit to knowledge sharing strategies at the outset, thereby increasing the possibility of firms fully disclosing their knowledge in equilibrium.

Keywords: Endogenous spillovers; knowledge sharing; absorptive capacity; recombinant innovation. (search for similar items in EconPapers)
JEL-codes: O30 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2015-05
New Economics Papers: this item is included in nep-com, nep-ino, nep-knm and nep-mic
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.fep.up.pt/investigacao/workingpapers/wp561.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.fep.up.pt/investigacao/workingpapers/wp561.pdf [302 Found]--> https://fep.up.pt/investigacao/workingpapers/wp561.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:por:fepwps:561

Access Statistics for this paper

More papers in FEP Working Papers from Universidade do Porto, Faculdade de Economia do Porto Contact information at EDIRC.
Bibliographic data for series maintained by ().