Threshold R&D levels in sectors of advanced technology

Morris Teubal*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

4 Scopus citations

Abstract

The object of this paper is to give a formal expression of the concept of threshold R&D levels, in the context of a very simple model. The existence of such a threshold and some factors affecting its magnitude are discussed. Some differences from a similar concept introduced by C. Freeman are discussed and related to the different goal postulated in the paper - zero profits instead of maintenance of market share.

Original languageEnglish
Pages (from-to)395-402
Number of pages8
JournalEuropean Economic Review
Volume7
Issue number4
DOIs
StatePublished - May 1978

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