Organizational Structure and Technological Investment*

نویسندگان

چکیده

We analyze firms’ decisions on their vertical organization, taking into account the characteristics of both final good competition and R&D process. consider two chains where upstream sectors invest in R&D. Such investment determines production costs downstream sector has spillovers rival. In a general setting, we show that equilibrium organizational structure depends whether situation considered belongs to one four possible cases. study how market competition, spillover, incentives interact determine structure.

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ژورنال

عنوان ژورنال: Journal of Industrial Economics

سال: 2021

ISSN: ['0022-1821', '1467-6451']

DOI: https://doi.org/10.1111/joie.12277