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| Volume 8, No. 1,
April 2009 |
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A Three-Period Analysis of R&D
Spillovers in the Presence |
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of an Industry Life Cycle
Pattern |
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Gamal Atallah |
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Department of Economics,
University of Ottawa, Canada |
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| Abstract |
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This paper introduces the time
dimension into the precompetitive R&D model, where both demand and
spillovers vary over time. The effect of cooperation on R&D depends
on a weighted function of spillovers, with the weights being a
function of demand levels. The bulk of the incentives for innovation
come from the growth phase of the industry. |
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Key words:
R&D cooperation; R&D spillovers; industry growth;
product life cycle; technology diffusion |
| JEL
classification:
L13; O33 |
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