Catching-up and falling behind: Effects of learning in an R&D differential game with spillovers

Bondarev A, Greiner A (2017) Working Papers in Economics and Management; 01-2017.
Bielefeld: Bielefeld University, Department of Business Administration and Economics.

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Abstract
In this paper we analyze the dynamics of an R&D differential game allowing for technological spillovers and sigmoid learning functions of multiproduct oligopolies. We demonstrate how the presence of learning together with spillovers may generate a rich set of outcomes, varying from constant leadership to catching-up and falling behind as well as from technology lock-in to a situation with a large number of high quality products. These types of outcomes are qualitatively different both from the single firm dynamics with learning and from the duopoly case with spillovers and without learning.
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Bondarev A, Greiner A. Catching-up and falling behind: Effects of learning in an R&D differential game with spillovers. Working Papers in Economics and Management. Vol 01-2017. Bielefeld: Bielefeld University, Department of Business Administration and Economics; 2017.
Bondarev, A., & Greiner, A. (2017). Catching-up and falling behind: Effects of learning in an R&D differential game with spillovers (Working Papers in Economics and Management, 01-2017). Bielefeld: Bielefeld University, Department of Business Administration and Economics. doi:10.4119/unibi/2915610
Bondarev, A., and Greiner, A. (2017). Catching-up and falling behind: Effects of learning in an R&D differential game with spillovers. Working Papers in Economics and Management, 01-2017, Bielefeld: Bielefeld University, Department of Business Administration and Economics.
Bondarev, A., & Greiner, A., 2017. Catching-up and falling behind: Effects of learning in an R&D differential game with spillovers, Working Papers in Economics and Management, no.01-2017, Bielefeld: Bielefeld University, Department of Business Administration and Economics.
A. Bondarev and A. Greiner, Catching-up and falling behind: Effects of learning in an R&D differential game with spillovers, Working Papers in Economics and Management, vol. 01-2017, Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2017.
Bondarev, A., Greiner, A.: Catching-up and falling behind: Effects of learning in an R&D differential game with spillovers. Working Papers in Economics and Management, 01-2017. Bielefeld University, Department of Business Administration and Economics, Bielefeld (2017).
Bondarev, Anton, and Greiner, Alfred. Catching-up and falling behind: Effects of learning in an R&D differential game with spillovers. Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2017. Working Papers in Economics and Management. 01-2017.
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