ETRI Journal

  • 제15권2호
  • /
  • Pages.69-74
  • /
  • 1993
  • /
  • 1225-6463(pISSN)
  • /
  • 2233-7326(eISSN)
한국전자통신연구원 (Electronics and Telecommunications Research Institute)
권호 표지

Research Joint Venture and Open Economy

  • Kim, Bum-Hoan (R&D policy principally in telecommunications sector, ETRI)
  • 발행 : 1993.10.31
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초록

The consumer surplus under the open economy is greater than that under the closed economy from the viewpoint of social welfare. This indication has been proved when only the product market is considered. This article is to show how this result is changed if the R&D market as well as the product market is considered. We find the possibility that the closed economy is preferred to the open economy in case of the (international) R&D joint venture.

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참고문헌

  1. American Economic Review v.78 Cooperative and Noncooperative R&D in Duopoly with Spillovers d'Aspremont;Jaquemin
  2. Economica Dynamique information incomplet strategies industrielles Crampes,C.;Laffont,J.;Moreaux,M.(etc)
  3. American Economic Review v.80 no.1 Cooperative and Noncooperative R&D in Duopoly with Spillovers: comment Henrique, I.
  4. Rand Journal of Economics v.17 no.Winter An Analysis of Cooperative Research and Development Katz, M.
  5. International research joint venture in an Open Economy, ETRI, TM92-KET15254 Kim, B.H.
  6. American Economic Review v.82 no.5 Cooperative and Noncooperative R&D in Duopoly with Spillovers Suzumura, K.
  7. Industrial organization Tirole, J.