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- W2764288115 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." @default.
- W2764288115 created "2017-10-20" @default.
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- W2764288115 date "2017-10-02" @default.
- W2764288115 modified "2023-09-27" @default.
- W2764288115 title "R&D Output Sharing in a Mixed Duopoly and Incentive Subsidy Policy" @default.
- W2764288115 hasPublicationYear "2017" @default.
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