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Titel
Strategic location choice under dynamic oligopolistic competition and spillovers / Luca Colombo, Herbert Dawid
VerfasserColombo, Luca ; Dawid, Herbert
ErschienenBielefeld, Germany : Bielefeld University, Department of Business Administration and Economics, October 2013
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (31 Seiten) : Diagramme
SerieWorking papers in economics and management ; No. 22-2013
SchlagwörterUnternehmen / Standortplanung / Wissens- und Technologietransfer / Spill-over-Effekt / Wissen
URNurn:nbn:de:hbz:6:2-128158 
DOI10.4119/unibi/2915432 
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Strategic location choice under dynamic oligopolistic competition and spillovers [0.8 mb]
Zusammenfassung

This paper investigates firms optimal location choices explicitly accounting for the role of inwards and outwards knowledge spillovers in a dynamic Cournot oligopoly with firms that are heterogeneous in their ability to carry out cost-reducing R&D. Firms can either locate in an industrial cluster or in isolation. Technological spillovers are exchanged between the firms in the cluster. It is shown that a technological leader has an incentive to locate in isolation only if her advantage exceeds a certain threshold, which is increasing in firms discount rate, in industry dispersion, and in the intensity of knowledge spillovers. Scenarios are identified where although it is optimal for the technological leader to locate in isolation, from a welfare perspective it would be desirable that she locates in the cluster.

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