Choosing between Innovation and Imitation in a Model of International Rivalry
2007/04/17
研討會日期 : 2007-04-17
時間 : 16:00
主講人 : Prof. Kar-yiu Wong
地點 : C棟103室
演講者簡介 : Prof. Kar-yiu Wong為Ph.D., Columbia University (1983)。
現為Professor，University of Washington。
其主要研究領域為International Trade、Commercial Policy、Economic Growth。
演講摘要 : This paper constructs a model of international rivalry to examine the competition in terms of technology and output between firms in two trading countries. We analyze how the less efficient firm chooses endogenously between innovation and imitation, and how its decision may affect the market equilibrium and profits of the firms. Conditions under which the less efficient firm is able to catch up or to surpass the technology of the advanced firm have been derived. The implications of removing the endogeneity of this decision of the less efficient firms are also examined.
