THE IMPACT OF PATENTS AND R&D COOPERATION ON R&D INVESTMENTS IN A DIFFERENTIATED GOODS INDUSTRY

被引:6
作者
Karbowski, Adam [1 ]
Prokop, Jacek [1 ]
机构
[1] SGH Warsaw Sch Econ, Coll World Econ, Dept Business Econ, Al Niepodleglosci 162, PL-02554 Warsaw, Poland
关键词
research and development; investments; patents; cooperation; differentiated goods; RESEARCH JOINT VENTURES; INNOVATION ACTIVITIES; DEVELOPMENT POLICY; EMPIRICAL-EVIDENCE; FIRMS; PRODUCTIVITY; TECHNOLOGY; INCENTIVES; SUBSIDIES; COLLABORATION;
D O I
10.2478/jeb-2020-0010
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this paper, we consider the impact of patents and R&D cooperation on R&D investments in the oligopolistic industry with differentiated products. Four types of firms' conduct are investigated: R&D competition without patents, R&D competition with patent protection, R&D cooperation, and the full industry cooperation. The obtained results suggest that patents do not necessarily promote R&D investments due to the existence of so called tournament effects. R&D cooperation stimulates R&D investments, but R&D cooperation provides sufficient incentives to create a full industry cartel. Such a cartel works to the detriment of consumers. Our analysis led us to the conclusion that for a relatively low level of R&D spillovers, the policy-makers should promote R&D competition without patent protection among oligopolistic firms. For a relatively high level of R&D spillovers, R&D cooperation enhances innovation, but the regulator should monitor the market for probable collusion.
引用
收藏
页码:122 / 133
页数:12
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