R&D Spillovers with Endogenous Absorptive Capacity: Lessons for Developing Countries
This paper analyzes the role of absorptive capacity in R&D spillovers through strategic R&D investments in a game-theoretic framework. In the model, a firm's effective R&D is composed of idiosyncratic R&D, which produces its own innovations, and identical R&D, which improves...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Korea Institute for International Economic Policy
2016-06-01
|
| Series: | East Asian Economic Review |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.11644/KIEP.EAER.2016.20.2.309 |