Strategic R&D policy under multiproduct duopoly and quality-price competition |
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| Authors: | Kyungmin Kim |
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| Affiliation: | Department of Economics and Finance, Keimyung University, Daegu, Republic of Korea |
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| Abstract: | This paper analyses strategic R&D policy in a third-country trade model where multiproduct firms with different production technologies compete in a vertically differentiated market. I show that the optimal R&D policies for both countries are subsidies when the product market is under price competition. |
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| Keywords: | Mutiproduct firms strategic R& D policy subsidies |
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