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Please use this identifier to cite or link to this item: https://dspace.lboro.ac.uk/2134/2074

Title: Endogenous R&D spillovers and locational choice
Authors: Piga, Claudio
Poyago-Theotoky, Joanna
Issue Date: 2005
Publisher: © Elsevier
Citation: PIGA, C. and POYAGO-THEOTOKY, J., 2005. Endogenous R&D spillovers and locational choice. Regional Science and Urban Economics, 35, pp.127-139.
Abstract: We present a three-stage game where two firms choose location, R&D and price, under the assumption that R&D spillovers depend on firms’ location. That is, the closer firms are to each other, the greater the benefit they receive from their rivals’ efforts in quality-enhancing R&D. We show that the distance between firms’ location increases with the degree of product differentiation. Further, we find that minimal quality differentiation always occurs. Finally, investment in R&D is positively associated with the degree of product differentiation.
Description: This is Restricted Access. This article was published in the journal, Regional Science and Urban Economics [© Elsevier] and is available at: http://www.sciencedirect.com/science/journal/01660462.
URI: https://dspace.lboro.ac.uk/2134/2074
ISSN: 0166-0462
Appears in Collections:Closed Access (Economics)

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