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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Bibliographic Details
Main Author: Francisco Martínez –Sánchez
Format: Article
Language:English
Published: Universidad de Antioquia 2007-12-01
Series:Lecturas de Economía
Subjects:
Online Access:http://www.scielo.org.co/scielo.php?script=sci_pdf&pid=S0120-25962007000200009&lng=en&nrm=iso&tlng=en

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