Endogenous R&D spillovers and locational choice

Article Abstract:

A study showing that location of firms affects the research and development expenditure oriented towards increasing the quality of the product. It is observed that a minimum difference in product quality is always present which increases with the distance between the firms. Investment in research and development is also directly proportionate to product differentiation. Thus, location of the firm affects the type of research and development expenditure being undertaken by the firm.

United Kingdom, Product development, Research and Development in the Physical, Engineering, and Life Sciences, Financial management, Science & research, Scientific Research and Development Services, Product quality, Commercial physical research, Research & Development-Industry, Science, Research & Development, Research, Finance, Research and development, Industrial research, Quality management, Company financing

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Buyer-seller interaction in experimental spatial markets

Article Abstract:

A study on the factors governing the consumers behavior like transportation benefits, location of buyers' and sellers' facilities, product re-design, etc., is presented. It is observed that buyers are unable to implement their strategies in market and invariably yield to suppliers' monopolistic powers.

General services, Services information, Spain, Consumer Behavior, Purchasing, Services, Industrial suppliers, Monopolistic competition, Consumer behaviour

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