An R & D race with knowledge accumulation

RAND Journal of Economics

Volumn 34, Issue 1, 2003, Pages 20-42

  Doraszelski, Ulrich ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0037362143     PISSN: 07416261     EISSN: None     Source Type: Journal    
DOI: 10.2307/3087441     Document Type: Article

References (34)

1. ADAMS, J.D. AND JAFFE, A. "Bounding the Effects of R & D: An Investigation Using Matched Establishment-Firm Data." RAND Journal of Economics, Vol. 24 (1996), pp. 700-721.
2. ARGOTE, L., BECKMAN, S., AND EPPLE, D. "The Persistence and Transfer of Learning in an Industrial Setting." Management Science, Vol. 36 (1990), pp. 140-154.
3. ATHEY, S. AND SCHMUTZLER, A. "Investment and Market Dominance." RAND Journal of Economics, Vol. 32 (2001), pp. 1-26.
4. BASAR, T. AND OLSDER, G.J. Dynamic Noncooperative Game Theory, 2d ed. San Diego: Academic Press, 1995.
5. BENKARD, C.L. "Learning and Forgetting: The Dynamics of Aircraft Production." American Economic Review, Vol. 90 (2000), pp. 1034-1054.
6. COCKBURN, I. AND HENDERSON, R. "Racing to Invest? The Dynamics of Competition in Ethical Drug Discovery." Journal of Economics and Management Strategy, Vol. 3 (1994), pp. 481-519.
7. COHEN, W.M. AND LEVINTHAL, D.A. "Innovation and Learning: The Two Faces of R & D." Economic Journal, Vol. 99 (1989), pp. 569-596.
8. DORASZELSKI, U. "Rent Dissipation in R&D Races." Working Paper, Hoover Institution, 2002.
9. FUDENBERG, D., GILBERT, R., STIGLITZ, J., AND TIROLE, J. "Preemption, Leapfrogging and Competition in Patent Races." European Economic Review, Vol. 22 (1983), pp. 3-31.
10. GRABOWSKI, H.G. AND BAXTER, N.D. "Rivalry in Industrial Research and Development." Journal of Industrial Economics, Vol. 21 (1973), pp. 209-235.
11. _ AND VERNON, J.M. "Returns to R&D on New Drug Introductions in the 1980s." Journal of Health Economics, Vol. 13 (1994), pp. 383-406.
12. GROSSMAN, G.M. AND SHAPIRO, C. "Dynamic R&D Competition." Economic Journal, Vol. 97 (1987), pp. 372-387.
13. HARRIS, C.J. AND VICKERS, J.S. "Patent Races and the Persistence of Monopoly." Journal of Industrial Economics, Vol. 33 (1985a), pp. 461-481.
14. _ AND _. "Perfect Equilibrium in a Model of a Race." Review of Economic Studies, Vol. 52 (1985b), pp. 193-209.
15. _ AND _. "Racing with Uncertainty." Review of Economic Studies, Vol. 54 (1987), pp. 1-21.
16. HENDERSON, R. AND COCKBURN, I. "Measuring Competence? Exploring Firm Effects in Pharmaceutical Research." Strategic Management Journal, Vol. 15 (1994), pp. 63-74.
17. _ AND _. "Scale, Scope, and Spillovers: The Determinants of Research Productivity in Drug Discovery." RAND Journal of Economics, Vol. 27 (1996), pp. 32-59.
18. JUDD, K.L. "Closed-Loop Equilibrium in an Innovation Race with Experience." Working Paper, Northwestern University, 1985.
19. _. "Projection Methods for Solving Aggregate Growth Models." Journal of Economic Theory, Vol. 58 (1992), pp. 410-452.
20. _. Numerical Methods in Economics. Cambridge, Mass.: MIT Press, 1998.
21. _, SCHMEDDERS, K., AND YELTEKIN, S. "Optimal Rules for Patent Races." Working Paper, Hoover Institution, 2002.
22. KHANNA, T. "Racing Behavior: Technological Evolution in the High-End Computer Industry." Research Policy, Vol. 24 (1995), pp. 933-958.
23. _ AND IANSITI, M. "Firm Asymmetries and Sequential R&D: Theory and Evidence from the Mainframe Computer Industry." Management Science, Vol. 43 (1997), pp. 405-421.
24. LEE, T. AND WILDE, L.L. "Market Structure and Innovation: A Reformulation." Quarterly Journal of Economics, Vol. 94 (1980), pp. 429-436.
25. LERNER, J. "An Empirical Exploration of a Technology Race." RAND Journal of Economics, Vol. 28 (1997), pp. 228-247.
26. LIPPMAN, S.A. AND McCARDLE, K.F. "Dropout Behavior in R&D Races with Learning." RAND Journal of Economics, Vol. 18 (1987), pp. 287-295.
27. _ AND _. "Preemption in R&D Races." European Economic Review, Vol. 32 (1988), pp. 1661-1669.
28. LOURY, G.C. "Market Structure and Innovation." Quarterly Journal of Economics, Vol. 93 (1979), pp. 395-410.
29. MERON, A. AND CAVES, R. "Rivalry Among Firms in Research and Development Outlays." Unpublished manuscript, Harvard University, 1991.
30. REINGANUM, J.F. "Dynamic Games of Innovation." Journal of Economic Theory, Vol. 25 (1981), pp. 21-41.
31. _. "A Dynamic Game of R and D: Patent Protection and Competitive Behavior." Econometrica, Vol. 50 (1982), pp. 671-688.
32. _. "The Timing of Innovation: Research, Development, and Diffusion." In R. Schmalensee and R.D. Willig, eds., Handbook of Industrial Organization, Amsterdam: North-Holland, 1989.
33. SCHERER, F.M. International High-Tech Competition. Cambridge, Mass.: Harvard University Press, 1992.
34. VEDENOV, D.V. AND MIRANDA, M. "Numerical Solution of Dynamic Oligopoly Games with Capital Investment." Economic Theory, Vol. 18 (2001), pp. 237-261.