Bondarev, Anton A. (2010): The long run Dynamics of heterogeneous Product and Process Innovations for a Multi Product Monopolist.
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This paper introduces the dynamical framework which combines product and process innovations. The model contributes to the theoretical literature on innovations in two ways. First, it permits for the simultaneous dynamics of both types of innovations which is rarely considered in the literature. Second, the products being generated by the innovations are heterogeneous in their investment characteristics. This allows for the formation of the dynamic interdependency between both types of innovations. As a result the steady state levels of process innovations for each product are different and influence the dynamics of product innovations in turn.
|Item Type:||MPRA Paper|
|Original Title:||The long run Dynamics of heterogeneous Product and Process Innovations for a Multi Product Monopolist|
|English Title:||The long run Dynamics of heterogeneous Product and Process Innovations for a Multi Product Monopolist|
|Keywords:||Product Innovations; Process Innovations; Dynamics; Multiproduct; Heterogeneous; Duopoly|
|Subjects:||L - Industrial Organization > L0 - General
C - Mathematical and Quantitative Methods > C0 - General > C02 - Mathematical Methods
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development; Intellectual Property Rights > O31 - Innovation and Invention: Processes and Incentives
|Depositing User:||Anton Bondarev|
|Date Deposited:||07. Dec 2011 14:55|
|Last Modified:||02. Mar 2013 19:29|
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