Innovation by Heterogeneous Leaders

Innovation by Heterogeneous Leaders
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异质领导者的创新

DOI:
10.1111/sjoe.12347
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发表时间:
2019
期刊:
The Scandinavian Journal of Economics
影响因子:
--
通讯作者:
Ohki Kazuyoshi
Ohki Kazuyoshi
中科院分区:
--
文献类型:
--
作者:
Iwaisako Tatsuro;Ohki Kazuyoshi

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我们建立了一个熊彼特增长模型,在这个模型中,领导者和追随者进行研究和开发(R&D)活动,领导者对追随者有不同规模的质量领先,因此有不同的利润流。我们发现,领导者与较大的质量线索,使较小的R&D投资,这一结果是与一些以前的领导者公司,如索尼和伊士曼-柯达的实际行为是一致的。此外,我们发现,补贴的追随者的R&D可以促进总的R&D的领导者,因为促进追随者的R&D减少(增加)的领导者的数量较大(较小)的质量领先和较小(较大)的R&D投资。
We develop a Schumpeterian growth model in which leaders and followers conduct research and development (R&D) activities and in which leaders have different‐sized quality leads over their followers, and thus have different profit flows. We show that leaders with larger quality leads make smaller R&D investments; this result is consistent with the actual behaviors of some previous leader firms, such as Sony and Eastman–Kodak. Moreover, we show that subsidizing the R&D of followers can promote the aggregate R&D of leaders, because promotion of followers' R&D decreases (increases) the number of leaders with larger (smaller) quality leads and smaller (larger) R&D investments.
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