Thesis-2009-Zikos.pdf (6.09 MB)
Download fileR&D, collaboration networks, mixed markets and labour unions
thesis
posted on 2018-07-20, 09:15 authored by Vasileios ZikosThis thesis is concerned with the role of state-owned companies and labour unions in
influencing research and development (R&D) activity in two related contexts: when firms act
as independent competitors, and when firms collaborate in their investments by forming a
research network, but still remain competitors in the product market.
The first chapter investigates the use of R&D subsidies, both in a mixed and a private
market. We show that the socially optimal R&D subsidy is positive and increasing in the
degree of technological spillovers both in a private and in a mixed duopoly, although it is
lower for the former than for the latter. A comparative statics analysis of welfare levels
reveals that privatisation is likely to be welfare reducing, at least for a relatively small number
of private firms. [Continues.]
Funding
Loughborough University, Department of Economics.
History
School
- Business and Economics
Department
- Economics