Strategic Location Choice under Dynamic Oligopolistic Competition and Spillovers

Colombo L, Dawid H (2013) Working Papers in Economics and Management; 22-2013.
Bielefeld: Bielefeld University, Department of Business Administration and Economics.

Diskussionspapier | Veröffentlicht | Englisch
 
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Colombo, Luca; Dawid, HerbertUniBi
Abstract / Bemerkung
This paper investigates firms’ optimal location choices explicitly accounting for the role of inwards and outwards knowledge spillovers in a dynamic Cournot oligopoly with firms that are heterogeneous in their ability to carry out cost-reducing R&D. Firms can either locate in an industrial cluster or in isolation. Technological spillovers are exchanged between the firms in the cluster. It is shown that a technological leader has an incentive to locate in isolation only if her advantage exceeds a certain threshold, which is increasing in firms’ discount rate, in industry dispersion, and in the intensity of knowledge spillovers. Scenarios are identified where although it is optimal for the technological leader to locate in isolation, from a welfare perspective it would be desirable that she locates in the cluster.
Stichworte
Location Choice; Knowledge Spillovers; Technological Leadership; Markovperfect Equilibrium
Erscheinungsjahr
2013
Band
22-2013
Seite(n)
32
ISSN
2196-2723
Page URI
https://pub.uni-bielefeld.de/record/2915432

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Colombo L, Dawid H. Strategic Location Choice under Dynamic Oligopolistic Competition and Spillovers. Working Papers in Economics and Management. Vol 22-2013. Bielefeld: Bielefeld University, Department of Business Administration and Economics; 2013.
Colombo, L., & Dawid, H. (2013). Strategic Location Choice under Dynamic Oligopolistic Competition and Spillovers (Working Papers in Economics and Management, 22-2013). Bielefeld: Bielefeld University, Department of Business Administration and Economics. doi:10.4119/unibi/2915432
Colombo, L., and Dawid, H. (2013). Strategic Location Choice under Dynamic Oligopolistic Competition and Spillovers. Working Papers in Economics and Management, 22-2013, Bielefeld: Bielefeld University, Department of Business Administration and Economics.
Colombo, L., & Dawid, H., 2013. Strategic Location Choice under Dynamic Oligopolistic Competition and Spillovers, Working Papers in Economics and Management, no.22-2013, Bielefeld: Bielefeld University, Department of Business Administration and Economics.
L. Colombo and H. Dawid, Strategic Location Choice under Dynamic Oligopolistic Competition and Spillovers, Working Papers in Economics and Management, vol. 22-2013, Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2013.
Colombo, L., Dawid, H.: Strategic Location Choice under Dynamic Oligopolistic Competition and Spillovers. Working Papers in Economics and Management, 22-2013. Bielefeld University, Department of Business Administration and Economics, Bielefeld (2013).
Colombo, Luca, and Dawid, Herbert. Strategic Location Choice under Dynamic Oligopolistic Competition and Spillovers. Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2013. Working Papers in Economics and Management. 22-2013.
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2019-09-06T09:18:54Z
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