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The Value of a New Idea: Knowledge Transmission, Workers Mobility and Market Structure
We model the process of knowledge transmission among firms via workers’ mobility as a multi-stage game. The equilibrium outcome is shown to depend upon the success of the idea over time, expressed by the behaviour of the market demand and on players’ time
preferences.
Geography
Link
http://mpra.ub.uni-muenchen.de/1687/01/MPRA_paper_1687.pdf