R&D investment in strategic settings: A survey of patent races

Authors

  • Alejandro Castañeda Sabido El Colegio de México

DOI:

https://doi.org/10.24201/ee.v9i1.282

Keywords:

R&D, technology, patent

Abstract

This paper surveys the main theoretical contributions that study how firms invest in R&D in a strategic setting. I study the innovation process from the point of view of the supply of new technologies and I review those models that rationalize the innovation process as a stochastic race between firms with the aim of obtaining a patent.

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Published

1994-01-01

How to Cite

Castañeda Sabido, A. (1994). R&D investment in strategic settings: A survey of patent races. Estudios Económicos De El Colegio De México, 9(1), 61–118. https://doi.org/10.24201/ee.v9i1.282