研討日期

201462810:30 ~ 13:00

研討地點

台大社會科學院26教室

題目

Market Competition, R&D and Firm Profits in

Asymmetric Oligopoly

作者

Junichiro Ishida, Toshihiro Matsumura and Noriaki Matsushima

文獻出處

JIE(2011)

報告人

參加人員

梁文榮、林燕淑、陳宏易、曹古駒、林晏如、王佳琪、蔡明芳、呂得成、暳陵、丁虹仁、王羿傑、吳尚弈、呂雅媛、施姵全

摘要

We investigate a Cournot model with strategic R&D   investments wherein efficient low-cost firms compete against less efficient high-cost firms. We find that an increase in the number of high-cost firms can stimulate R&D by the low-cost firms, while it always reduces R&D by the high-cost firms. More importantly, this force can be strong enough to compensate for the loss that arises from more intense market competition: the low-cost firms’ profits may indeed increase with the number of high-cost firms. An implication of this result is far-reaching, as it gives low-cost firms an incentive to help, rather than harm, high-cost competitors. We relate this implication to a practice known as open knowledge disclosure, especially Ford’s strategy of disclosing its know-how publicly and extensively at the beginning of the 20th century.