This article constructs a model of R&D with heterogeneous firms. Each firm's probability of
success is a function of its sunk and recurrent R&D expenditures. The social gains from an …

A model of research and development (R&D) competition is constructed that synthesizes
and generalizes much of the previous research on the topic. The features of uncertainty …

This article constructs a model of R&D with heterogeneous firms. Each firm's probability of
success is a function of its sunk and recurrent R&D expenditures. The social gains from an …

A General Model of R & D Competition and Policy | CiNii Research CiNii 国立情報学研究所 学術
情報ナビゲータ[サイニィ] 詳細へ移動 検索フォームへ移動 論文・データをさがす 大学図書館の本を …

This article constructs a model of R&D with heterogeneous firms. Each firm's probability of
success is a function of its sunk and recurrent R&D expenditures. The social gains from an …