The Role of an Imitating Firm in a Dynamic Context
We analyze the effects of an imitating firm on the behavior of the innovatingfirm. The framework of analysis used is a dynamic duopoly model of vertical productdifferentiation, where both the innovator and the imitator compete simultaneously inprice and quality. We obtain that when the market is sma...
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| Format: | Article |
| Language: | English |
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Universidad de Antioquia
2007-12-01
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| Series: | Lecturas de Economía |
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| Online Access: | http://www.scielo.org.co/scielo.php?script=sci_pdf&pid=S0120-25962007000200009&lng=en&nrm=iso&tlng=en |