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R&D policy and privatization in a mixed oligopoly

Gil-Moltó, MJ, Poyago-Theotoky, J and Zikos, V R&D policy and privatization in a mixed oligopoly .

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We introduce R&D activity and R&D subsidies in the context of a mixed oligopoly and evaluate the effects of privatization on welfare. We show that when R&D subsidies are employed, privatization is welfare and R&D promoting provided that the number of competitors is sufficiently large.

Item Type: Other
Divisions : Surrey research (other units)
Authors :
Gil-Moltó, MJ
Poyago-Theotoky, J
Uncontrolled Keywords : L31, L32, O38, L13, L50., mixed oligopoly, process innovation, R&D subsidy, privatization.
Depositing User : Symplectic Elements
Date Deposited : 16 May 2017 15:14
Last Modified : 23 Jan 2020 10:28

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