英语翻译The remainder of the paper is organized as follows.Section 2describes our model.In Section 3,wederive the equilibrium for agiven state of the environment.The firms'innovation decisions change the state of the environment over time.The ste
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英语翻译The remainder of the paper is organized as follows.Section 2describes our model.In Section 3,wederive the equilibrium for agiven state of the environment.The firms'innovation decisions change the state of the environment over time.The ste
英语翻译
The remainder of the paper is organized as follows.
Section 2
describes our model.In Section 3,we
derive the equilibrium for a
given state of the environment.The firms'
innovation decisions change
the state of the environment over time.
The steady state of this process
is studied in Section 4.In Section 5,we show that the industry monotonically approaches the steady
state and describe the industry's dynamics on its adjustment path.We conclude
in Section 6.The proofs of all formal results are relegated in the Appendix
A section.
英语翻译The remainder of the paper is organized as follows.Section 2describes our model.In Section 3,wederive the equilibrium for agiven state of the environment.The firms'innovation decisions change the state of the environment over time.The ste
论文的剩余部分安排如下:
在第二部分中描述我们的模型
在第三部分中,在一个给定环境状态下推导出平衡态
公司的创新决策随时间流逝改变着环境状况
第四部分中研究这一过程的稳定态.
第五部分中我们会展示这一行业单调地趋于稳定态并且会描述该行业在方向调整中的动态
第六部分是总结
前述的所有正式结果归入附录A中
纯手工翻译
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