研討日期	2020年2月3日上午10:20~ 12:30
研討地點	國立臺灣大學710討論室
主講題目 Title of the paper	Cooperative R&D with durable goods
作者 Authors of the paper	Amagoia Sagasta
文獻出處 Journal, vol.(issue), pp	Journal of Economics (2019) 128:239–258
主講人	蔡明芳
參加人員	蔡明芳、林燕淑、BUI DANG LONG、DAMIANA SIMANJUNTAK、LUSUNG MKANDAWIRE、許至乙、賴宜君、周宗翰
摘要 Abstract of the paper	This paper analyzes the effect of the durability of the good produced by a duopolistic industry on research and development investment in the presence of spillovers. We show that the critical spillover level from which cooperation in R&D increases the level of investment is higher when firms produce durable goods and sell at least some units of their output than when firms produce non-durable goods. Moreover, with R&D cooperation investment is highest with renting firms and lowest with renting–selling firms. These findings indicate that R&D cooperation is more difficult to justify when firms produce durable goods in the presence of intertemporal inconsistency problems.