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Each firm forms its R \\& D stock \\(X_{i}(t)\\), \\(i = 1,2\\), via investment \\(u_{i} (t) \\geq 0\\) such that \\(\\dot {X}_{i} (t) = u_{i} (t)\\), \\(X_{i} (0) = 0\\), \\(0 \\leq t \\leq T\\), where the time horizon \\(T\\) is finite and fixed. Firm \\(i\\) reduces its production cost by increasing its stock \\(X_{i} (t)\\), and due to free spillovers, it can benefit from its competitor's stock \\(X_{j} (t)\\), \\(j \\neq i\\). More in detail, it turns out from knowledge accumulation which is modeled as \\(Z_{i} (t) := X_{i} (t) + \\varepsilon X_{j} (t)\\), ``where \\(0 \\leq \\varepsilon \\leq 1\\) is a parameter for the costless spillover effect, such that \\(\\varepsilon = 0\\) reflects the case of full R \\& D appropriability and \\(\\varepsilon = 1\\) the case of perfect R \\& D spillovers''. It is assumed that firm \\(i\\)'s consumer demand is depended on both firms' prices \\(p_{i} (t)\\) and \\(p_{j} (t)\\) linearly: \\(S_{i} (p_{i} (t),p_{j} (t)) := \\alpha - \\beta p_{i} (t) + \\gamma p_{j} (t) \\geq 0\\) with parameters \\(\\alpha > 0\\), \\(0 \\leq \\gamma < \\beta \\). The objective function of each firm is as follows:   \\[  \\Pi _{i} = \\int_{0}^{T} \\left[ (p_{i} (t) - c + Z_{i} (t)) S_{i}(t) - u_{i}(t)^{2}/2 \\right] dt + mS_{i} (T) \\]   with parameters \\(c > 0\\) and \\(m > 0\\). Each firm maximizes its objective function via its price \\(p_{i} (t)\\) and investment \\(u_{i} (t)\\). This differential game is investigated with respect to Nash equilibrium under two assumptions about the observability of the competitor's current R \\& D 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