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    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/117735


    Title: The effects of uncertainties over R&D policy and market demand on R&D levels with spillovers
    Authors: Mai, Chao-Cheng;Lin, Shih-Chuan
    Keywords: R&D Policy, Market Demand, Uncertainty, Spillovers, Cournot Competition
    Date: 2009-03-14
    Issue Date: 2019-10-30 12:15:41 (UTC+8)
    Abstract: This paper investigates the effects of uncertainties over R&D policy and/or market demand on R&D levels in a duopoly with R&D rivalry and technological spillovers from a more advanced foreign firm. Within this framework, one "domestic" firm and one "foreign" firm compete on R&D and output. We find that, if firms' R&D are strategic complements, then firms' R&D decreases due to increased uncertainty over R&D policy but increases due to increased uncertainty over market demand. Thus, we conclude that different types of uncertainties exert different impacts on the decision of R&D investments.
    Appears in Collections:[Graduate Institute & Department of Economics] Proceeding

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