INNOVATION ACTIVITY IN A MIXED OLIGOPOLY: THE ROLE OF CO-OPERATIVES
| dc.creator | Giannakas, Konstantinos | |
| dc.creator | Fulton, Murray E. | |
| dc.date | 2017-04-01T20:06:36Z | |
| dc.date.accessioned | 2026-07-09T03:28:54Z | |
| dc.description | This paper develops a sequential game theoretic model of heterogeneous producers to examine the effect of co-operative involvement on innovation activity in the agricultural input-supplying sector. Analytical results show that the co-operative involvement in R&D can be welfare enhancing and, thus, socially desirable. The presence of the co-op can increase the arrival rate of innovations and productivity growth while reducing the prices of agricultural inputs. The effectiveness of the co-op is determined by the size of R&D costs. | |
| dc.identifier | doi:10.22004/ag.econ.19771 | |
| dc.identifier | https://ageconsearch.umn.edu/record/19771/files/sp02gi02.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/19771 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/533301 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/19771 | |
| dc.title | INNOVATION ACTIVITY IN A MIXED OLIGOPOLY: THE ROLE OF CO-OPERATIVES | |
| dc.type | Text |