EconPapers    
Economics at your fingertips  
 

R&D Output Sharing in a Mixed Duopoly and Incentive Subsidy Policy

Sang-Ho Lee and Timur Muminov

MPRA Paper from University Library of Munich, Germany

Abstract: This study investigates the incentives for R&D output sharing in a mixed duopoly and shows that public firm chooses full sharing of their R&D output, whereas private firm enjoys free-riding. We then devise an agreement-based incentive R&D subsidy scheme, which can internalize R&D spillovers and induce both firms to earn higher payoffs through full sharing of their R&D output. We also show that an R&D subsidy policy is welfare-superior to a production subsidy policy.

Keywords: Agreement-based R&D subsidy; Mixed duopoly; Production output subsidy; R&D output sharing (search for similar items in EconPapers)
JEL-codes: H21 L13 L32 (search for similar items in EconPapers)
Date: 2017-10-02
New Economics Papers: this item is included in nep-com, nep-ind, nep-ino, nep-reg and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/81732/1/MPRA_paper_81732.pdf original version (application/pdf)

Related works:
Journal Article: R&D Information sharing in a mixed duopoly and incentive subsidy for research joint venture competition (2021) Downloads
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:pra:mprapa:81732

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

 
Page updated 2024-03-31
Handle: RePEc:pra:mprapa:81732