R & D, Innovation and Industrial Structure: Essays on the Theory of Technological Competition

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The common theme of this collection of studies is the interaction between innovative activity and industrial structure. This interaction is represented in a modelization via dynamic games. An integrated framework designed to model innovation and market competition with sequential innovative entry is developed. The framework can be used to analyze both product and process innovations. Furthermore, an analysis of the incentives firms use to strategically defer information revelation about successful innovation (and, therefore, delayed commercial use) is undertaken. A last topic discussed is the influence of financial contraints on innovational efforts of both constrained and unconstrained firms under competition. Besides these topics, a systematic and thorough survey of the newest game theoretical literature is provided.