1、研讨主题
A Review of R&D-Based Growth Models
2、主讲人
明洋（中经管助理教授）
3、上期回顾
We studied a baseline Schumpeterian model featuring creative destruction, where entrants replace incumbents with stochastic innovation, obtaining a profit flow for a random duration. This business stealing effect may lead to overinvestment in R&D in the decentralized equilibrium.
4、本期预告
We will study a step-by-step innovation model where two firms play a stochastic game of technological competition. This type of model helps characterize competing firms' strategic R&D behaviors, although it is less analytically tractable.
5、时间
1月4日18:30-21:30
6、地点
学术会堂712
7、主持人/点评老师
王忏 明洋
8、活动对象
创新发展学院、金融学院学生
9、人数规模
30人
10、主办单位
创新发展学院中国经济与管理研究院、金融学院联合主办
撰稿：明洋
审稿：汪雄剑
编辑：沈嘉怡
审核：王颖
