This paper examines the free-market and socially-optimal outcomes in a dynamic oligopoly model with R&D spillovers. First-best optimal subsidies to R&D are higher when firms play strategically against each other, but lower ...
Leahy, Dermot; Neary, J. Peter(University College Dublin. Institute for the Study of Social Change (Geary Institute), 2003-10-20)
Empirical evidence strongly suggests that R&D increases a firm’s "absorptive capacity" (its ability to absorb spillovers from other firms) as well as contributing directly to profitability. We explore the theoretical ...
Dascher, Kristof(University College Dublin. School of Economics, 2002-08)
We suggest that public housing matters for FDI. We assume that FDI creates gains for some residents and losses for others. Losers from FDI will oppose FDI. To win support for FDI, local government may want to pay compensation ...