研討日期

20161029日上午12:00~ 13:10

研討地點

台大社會科學院710討論室

主講題目

Innovation in Vertically Related Markets

作者

Yongmin Chen and David E. M. Sappington

文獻出處

The Journal of Industrial Economics

Volume LVIII   June 2010

主講人

參加人員

張博涵、施全、王光正、林燕淑、高國峯、陳金盛、彭正浩、黃鴻、呂得成、ByeongHwa Choi、曹古駒、詹銘葦、陳怡妏、郭紫瑩

摘要

We examine the impact of vertical industry structure on upstream process innovation. We find that vertical integration (VI) generally enhances innovation under downstream Cournot competition, but can diminish innovation under downstream Bertrand competition. We also find that under Bertrand competition, VI can increase innovation when the direct incentives for innovation are limited, but can reduce innovation when the direct incentives are pronounced.