Innovation by Heterogeneous Leaders

Ohki, Kazuyoshi; Iwaisako, Tatsuro

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論文情報

タイトル	Innovation by Heterogeneous Leaders
著者	Ohki, Kazuyoshi Ohki, Kazuyoshi
著者	Iwaisako, Tatsuro Iwaisako, Tatsuro
キーワード等	Schumpeterian growth
	Heterogeneous leaders
	R&D subsidies
内容	* Revised： [15-30, 2015]
抄録	We develop a Schumpeterian growth model in which both leaders and followers conduct R&D activities and in which leaders have different quality leads over their followers, determined by a random draw, and thus have different profit flows. We show that leaders with larger quality leads make smaller R&D investments; this result is consistent with the actual behaviors of some previous leader firms such as Sony and Eastman–Kodak. Moreover, we show that subsidizing followers’ R&D can promote leaders’ aggregate R&D, because promotion of followers’ R&D decreases (increases) the number of leaders with larger (smaller) quality leads and smaller (larger) R&D investments.
公開者	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
更新日付	2015-11
更新日付	2018-04
掲載誌名	Discussion Papers In Economics And Business
巻	15-30-Rev.
開始ページ	1
終了ページ	36
刊行年月	2018-04
URL	http://hdl.handle.net/11094/54439
関連情報 (references)	http://www2.econ.osaka-u.ac.jp/library/global/dp/1530R.pdf
言語	英語
カテゴリ	ディスカッション／ワーキング・ペーパー DP/WP
カテゴリ	Discussion Papers In Economics And Business

著者版フラグ	none
NII資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
dcmi資源タイプ	text
DCTERMS.bibliographicCitation	Discussion Papers In Economics And Business.15-30 P.1-P.19
DC.title	Innovation by Heterogeneous Leaders
DC.creator	Ohki, Kazuyoshi
DC.creator	Iwaisako, Tatsuro
DC.publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
DC.language" scheme="DCTERMS.RFC1766	英語
DCTERMS.issued" scheme="DCTERMS.W3CDTF	2018-04
DC.identifier" scheme="DCTERMS.URI	http://hdl.handle.net/11094/54439
DC.subject	Schumpeterian growth
	Heterogeneous leaders
	R&D subsidies
DC.description	* Revised： [15-30, 2015]
DCTERMS.abstract	We develop a Schumpeterian growth model in which both leaders and followers conduct R&D activities and in which leaders have different quality leads over their followers, determined by a random draw, and thus have different profit flows. We show that leaders with larger quality leads make smaller R&D investments; this result is consistent with the actual behaviors of some previous leader firms such as Sony and Eastman–Kodak. Moreover, we show that subsidizing followers’ R&D can promote leaders’ aggregate R&D, because promotion of followers’ R&D decreases (increases) the number of leaders with larger (smaller) quality leads and smaller (larger) R&D investments.
citation_title	Innovation by Heterogeneous Leaders
citation_author	Ohki, Kazuyoshi
citation_author	Iwaisako, Tatsuro
citation_publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
citation_language	英語
citation_date	2018-04
citation_journal_title	Discussion Papers In Economics And Business
citation_volume	15-30-Rev.
citation_firstpage	1
citation_lastpage	36
citation_public_url	http://hdl.handle.net/11094/54439
citation_keywords	Schumpeterian growth
	Heterogeneous leaders
	R&D subsidies

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