Analysis of Different R&D Co‐Competition Modes of Asymmetric Duopoly Enterprises under the Uncertainty of R&D Success
Yinghua Song,
Xiaoyan Sang,
Zhe Wang
et al.
Abstract:The collaborative R&D of new products between enterprises is prone to the “free‐rider effect” due to knowledge spillover. To avoid that, this paper establishes a three‐stage dynamic game to explore the collaborative R&D co‐competition behavior between asymmetric horizontal supplier enterprises. In this paper, we incorporate the uncertainty of R&D success probability into the model and reverse induction is applied to solve it. In the model, two asymmetric enterprises play dynamic games under three m… Show more
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