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• W2167020377 abstract "This paper estimates a dynamic oligopoly model of product innovation and proposes an approach to evaluate an equilibrium effect of public policy on firm’s innovation activities. The model considers a multi-agent Markov-Perfect Nash Equilibrium, allowing for firm’s dynamic decision making on innovation activities, and its entry and exit. The estimation results obtained by use of Japanese firm-level data on product innovation identify net positive spillovers among firms' dynamic innovation activities." @default.
• W2167020377 created "2016-06-24" @default.
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• W2167020377 date "2013-01-01" @default.
• W2167020377 modified "2023-10-18" @default.
• W2167020377 title "Quantitative Policy Analysis of Innovation Activities: Application to Dynamic Structural Estimation *" @default.
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