| 題名: | Process versus Product Innovation in Multiproduct Firms |
| 作者: | Iordanis Petsas Christos Giannikos |
| 關鍵字: | multiproduct firms|differentiated goods|product innovation|process innovation |
| 期刊名/會議名稱: | international journal of business and economics |
| 摘要: | This paper develops a differentiated-goods duopoly model in which firms engage in Cournot-Nash quantity competition. The effects of firm size on the choice of R&D effort between process and product innovation are examined. We find that (a) as firms devote more effort to product innovation, given that they are in the product R&D regime, their incentives to switch from product to process innovation increase, and (b) once the firm is in the process R&D regime, it will perform process R&D indefinitely. |
| ISSN: | issn16070704 |
| 日期: | 2005/12/01 |
| 分類: | Volume04,No.3 |
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