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Multi-Project R&D Competition With Free-Entry

dc.contributor.authorBarros, Pedro Pita
dc.date.accessioned2019-10-31T11:31:30Z
dc.date.available2019-10-31T11:31:30Z
dc.date.issued1993-04
dc.description.abstractWe consider a model of innovation where firms are allowed to invest in several projects. It is shown that free-entry, in the absence of start-up costs, leads to an equilibrium with one project per firm. The presence of start-up costs reintroduces the rationale for parallel projects undertaken by each firm. In this case, free-entry implies that all adjustment to changes in the gains to innovation occur through the number of firms in the market, with projects per firm remaining constant.pt_PT
dc.description.versionN/Apt_PT
dc.identifier.citationBarros, Pedro Pita, Multi-Project R&D Competition With Free-Entry (April, 1993). FEUNL Working Paper Series No. 201pt_PT
dc.identifier.urihttp://hdl.handle.net/10362/85973
dc.language.isoengpt_PT
dc.peerreviewednopt_PT
dc.publisherNova SBEpt_PT
dc.relation.ispartofseriesFEUNL Working Paper Series;201
dc.titleMulti-Project R&D Competition With Free-Entrypt_PT
dc.typeworking paper
dspace.entity.typePublication
person.familyNamePita Barros
person.givenNamePedro
person.identifier.ciencia-idD010-A38E-FC67
person.identifier.orcid0000-0002-0881-4928
rcaap.rightsopenAccesspt_PT
rcaap.typeworkingPaperpt_PT
relation.isAuthorOfPublication25df6d4f-0297-43dd-8a08-eacf53b3624e
relation.isAuthorOfPublication.latestForDiscovery25df6d4f-0297-43dd-8a08-eacf53b3624e

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