Comparing Cournot and Bertrand equilibria in a differentiatied duopoly with product R&D

Article Abstract:

A comparison is made of Bertrand and Cournot equilibria for a differentiated duopoly with product R&D and substitute goods. The study finds that in some cases, quantity competition can be better than price competition for both firms and consumers.

Competition (Economics)

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Downstream R&D, raising rivals' costs, and input price contracts

Article Abstract:

A study finds that with increased demand for an input, downstream R&D lets the upstream firm increase its input price. While this will decrease the benefit of R&D for a downstream firm, it raises its rivals' costs.

Product Development, Market Research & Product Development, Time to market

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Does the market value R&D investment by European firms? Evidence from a panel of manufacturing firms in France, Germany, and Italy

Article Abstract:

The importance given by European manufacturing companies to R&D expenditure is analyzed.

United Kingdom, Italy, United States, Germany, France, Analysis, Manufacturing industry, Manufacturing industries, Company investment, Investments, Market value

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