'R and D rivalry and optimal R and D policies are investigated in an asymmetric four-stage game that involves international licensing. It is found that a government's R and D policy crucially depends on its domestic firm's bargaining power over the licensing gain. When the firm's bargaining power is greater than one half, the government subsidizes ...
'In this study we derive a structural econometric model of learning by doing with multiproduct competition from a dynamic oligopoly game. We show the importance to account for multiproduction effects through product differentiation when measuring learning by doing. Using quarterly firm-level data for the dynamic random access memory semiconductor i...