Asymmetric information, innovation and Chinese private enterprise

被引：0

作者：

Li, Ping ^{[1
]}

Zhang, Qingchang ^{[1
]}

Yan, Hui ^{[1
]}

机构：

[1] Shandong Univ Technol, ZiBo, Peoples R China

来源：

PROCEEDING OF CHINA PRIVATE ECONOMY INNOVATION INTERNATIONAL FORUM | 2007年

关键词：

asymmetric information; substitution effect; monopoly;

D O I：

暂无

中图分类号：

TP [自动化技术、计算机技术];

学科分类号：

0812 ;

摘要：

Based on Reinganum (1983), this paper analyzes the behavior of potential entrants under asymmetric information from the perspective of innovative input. The finding is that under asymmetric information, the potential firm has a higher marginal incentive to invest in R&D than does the incumbent one, so with more investment in R&D the potential entrant would enter the market and break the monopoly. Furthermore, this paper uses the data envelopment analysis method to estimate the technology innovation of state-owned and state-holding industrial enterprises and private industrial enterprises in china respectively, the finding supporting the proposition partly.

引用

页码：538 / 543

页数：6

共 11 条

[1]

Acs, 2005, ENTREPRENEURSHIP INN

[2]

[Anonymous], 1989, HDB IND ORG

[3]

ARROW KJ, 1983, ENTREPRENEURSHIP, P15

[4] FIRM SIZE AND RESEARCH-AND-DEVELOPMENT INTENSITY - A REEXAMINATION [J].