會議論文

學年 103
學期 2
發表日期 2015-06-28
作品名稱 Economic Espionage and Investment in Research and Development
作品名稱(其他語言)
著者 Chen, Po-Lu
作品所屬單位
出版者
會議名稱 WEAI 90th Annual Conference
會議地點 Honolulu, HI, USA
摘要 This paper investigates the impact of economic espionage on innovation incentives and welfare by considering both ex ante and ex post effects of espionage. I consider two firms residing in two countries with two types of innovation, cost-reducing research and development (R&D) and information technology R&D, and find that espionage activity reduces both firms’ investment in cost-reducing R&D. The change in consumer’s welfare due to espionage depends on two offsetting effects and is ambiguous. I also discuss the effect of sales ban policy on deterring espionage. I find that sales ban policy may alternatively encourage investment in espionage activities if market size is small. Whether sales ban policy can improve consumers’ welfare depends on the market size. When market size is large that espionage activities are deterred by sales ban, then more capital devoted to cost-reducing R&D leads to higher consumer welfare. However, if market size is small that espionage is not deterred, then monopolistic position of the local firm under sales ban policy hurts local consumers.
關鍵字
語言 en_US
收錄於
會議性質 國際
校內研討會地點
研討會時間 20150628~20150702
通訊作者
國別
公開徵稿 Y
出版型式
出處
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