研討日期	2010年12月25日上午10:20 ~ 13:00
研討地點	台灣大學社會科學院 法26教室
討論文獻	題目	作者	文獻出處
	Does society prefer small innovation？	Arijit Mukherjee	Economics Letters （2003）
報告人	王羿傑
參加人員	黃鴻、林燕淑、張民忠、彭正浩、曹古駒、劉亮君、徐靖、高國峯、莊復賢、王羿傑、涂光億、丁虹仁、周冰瑤、施姵全
論文提要	While previous papers on R&D have considered the effect of cooperation on R&D investment, the effect of the size of an innovation on the incentive for cooperation has been ignored. In this paper we show how the size of an innovation can affect the incentive for cooperative R&D and social welfare. We show that firms will prefer to do cooperative R&D when cost reduction from R&D is not sufficiently large. Cooperative R&D helps the constituent firms to produce with the same technology and this has a positive effect on social welfare. If the benefit from cooperative R&D is sufficiently large compared to the benefit from large cost reduction, social welfare will be more under small innovation compared to large innovation. This contradicts previous results of the literature showing higher (lower) welfare from large (small) innovation. However, the innovating firm always prefers large innovation compared to small innovation.
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