研討日期

202481910:30-12:20

研討地點

國立臺灣大學社會科學院710會議室

主講題目

Title of the paper

Subsidizing Cooperative and Noncooperative R&D in Duopoly with Spillovers Revisited

作者

Authors of the paper

Dapeng Cai, Yukio Karasawa-Ohtashiro, Cheng-hau Peng, Donglin Zhang

文獻出處

Journal, vol.(issue), pp

Working paper

主講人

許至乙

參加人員

黃鴻、王光正、林燕淑、郭文忠、彭正浩、高國峯、許至乙、周冰瑤、曹古駒、Ayu Sasni MunteMicah、楊雅棠、蔡美伶、洪睿翔

In two influential contributions, Hinloopen (1997: Journal of Economics 66: 151-175; 2000: Journal of Economics 72: 295-308) demonstrated that it is optimal to subsidize firms’ R&D in a competitive market that fully share the outcomes of their independent research. However, a re-examination of their second-order conditions suggests that the optimal policy can be more nuanced. While Hinloopen’s findings (1997; 2000) hold true for a small spillover effect, subsidizing firms’ R&D in a competitive market without mandating research sharing becomes optimal when the spillover effect is large.