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Cooperation In R&D With Spillovers And Delegation Of Sales ∗

✍ Scribed by Moner-Colonques, Rafael; Sempere-Monerris †, Jose Jorge


Book ID
118015153
Publisher
Taylor and Francis Group
Year
2000
Tongue
English
Weight
993 KB
Volume
9
Category
Article
ISSN
1043-8599

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R&D spillovers and strategic delegation
✍ Matthias Kräkel 📂 Article 📅 2004 🏛 John Wiley and Sons 🌐 English ⚖ 149 KB

## Abstract Considering oligopolistic contests with R&D spillovers and strategic delegation three results can be obtained: (1) There exist multiple asymmetric equilibria where one owner highly favors sales as a basis for his manager's incentives which drives the other firm out of the market. (2) If