Patents in new technologies

• Type: Article in International Scientific Journal
• Date: 2009

Authors

Ferreira, M (Author) Other; Bruno M P M Oliveira (Author) FCNAUP; Alberto A. Pinto (Author) Other

Journal

Title: Journal of Difference Equations and Applications

Vol. 15 No. 11

Pages: 1135-1149

ISSN: 1023-6198

Publisher: Taylor & Francis

Indexing

ISI Web of Knowledge - 3 Citations

Scopus - 6 Citations

Other information

Authenticus ID: P-003-QZ5

DOI: 10.1080/10236190902835572

Abstract (EN): We present a new R&D investment function in a Cournot competition model inspired in the logistic equation. We do a full characterization of the associated game and study the short- and long-term economical effects derived from using this new R&D investment function. In particular, we find the existence of regions with multiple Nash investment equilibria. For low production costs, that can correspond to the production of old technologies, the long-term economical effects are not very sensitive to small changes in the efficiency of the R&D programmes neither to small changes in the market structure. However, for high production costs, that can correspond to the production of new technologies, the long-term economical effects are very sensitive to small changes in the efficiency of the R&D programmes and also to small changes in the market structure.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 15