The Option Game Model and Its Development of R and D Investment

Author(s):  
Yuling Liao ◽  
Qianlin Hong
Keyword(s):  
R And D ◽  
Author(s):  
Michal Ramsza ◽  
Adam Karbowski ◽  
Tadeusz Platkowski

AbstractWe consider a coopetitive game model of firms’ behavior in process R&D with entry cost. We compare the competitive behavior of firms in R&D with the R&D coopetition scenario. In R&D coopetition, firms engage in a bargaining process to reach a binding R&D agreement. We find that R&D competition can lead to a prisoner’s dilemma or a chicken game between market rivals. The possibility of entering a binding R&D agreement resolves the above social dilemmas associated with the firms’ competitive behavior. In turn, under R&D coopetition, for a medium level of R&D entry cost, firms may enter a trust dilemma, but it is a beneficial scenario in comparison with the corresponding R&D competition outcome.


2001 ◽  
Vol 65 (3) ◽  
pp. 395-410 ◽  
Author(s):  
C. Watanabe ◽  
S.A. Reshmin ◽  
A.M. Taras'yev
Keyword(s):  
R And D ◽  

2017 ◽  
Vol 113 (7/8) ◽  
Author(s):  
Chiedza Tsvakirai

The evolving impact of plant breeders’ rights was investigated in a bid to provide a basis for understanding the complex relationship that exists between scientific, legislative and market matters that shape the peach and nectarine fresh fruit sector. The results show that there is complementarity among varietal legislation, deregularisation, international trade policies, market trends and research intensity. Plant varietal legislation is found to play a facilitative role in ensuring the growth in the sector which has evolved from merely facilitating access to better quality cultivars which were bred beyond South Africa’s borders, to the provision of good quality germplasm that aids in the breeding of locally bred varieties which better meet the production needs of local farmers. The results of the analysis show that strengthened varietal legislation has contributed significantly to cultivar development, reduced varietal concentration, increased resource (land) utilisation and increased export revenue generation and market penetration. The study warns of the negative effects that widening the scope of the Plant Breeders’ Rights Act would have on innovation and cultivar access by poor farmers. Because of the strong ties existing between innovation and R and D investment, the recommendation is for an increase in R and D investment in the local research institution.


1997 ◽  
Author(s):  
I. Ben-Zvi ◽  
R. Fernow ◽  
J. Gallardo ◽  
M. Hart ◽  
J. Hastings ◽  
...  

Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-12
Author(s):  
Liang Dong ◽  
Helin Pan

Compensation rules for patent infringement greatly affect patent quality, which is closely related to R & D investments. In this study, A duopoly game model was developed to analyze innovative factories’ R&D investment and patent licensing behavior, as well as the strategic choices of potential infringers under different compensation rules for patent infringement. Furthermore, a comparative analysis was conducted to analyze the patent quality under different scenarios, ultimately finalizing an optimal sequence rule for patent infringement compensation. The results show that patent quality is influenced by the invention height of patent and R&D efficiency, while the amount of patent infringement compensation has a great effect on potential infringement behavior. Patent quality can be effectively improved if the court adopts a proper sequence rule for patent infringement compensation according to the market circumstances.


CICTP 2017 ◽  
2018 ◽  
Author(s):  
Hua-Wei Gong ◽  
Wen-Zhou Jin ◽  
Xiao-Dong Zang ◽  
Qiang Luo

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