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, innovation has been given a more prominent place in competition analysis by way of recognizing the existence of "innovation … markets' and 'innovation competition' in, respectively, the 1995 Antitrust Guidelines for the Licensing of Intellectual … Property and the 2010 US Merger Guidelines. Although a similar notion of 'competition in innovation' has been introduced in the …
Persistent link: https://www.econbiz.de/10010395764
of regulation on R&D investment. Nearing competition has a dampening effect on R&D spending, but once the market and … regulatory framework conditions have been established, higher levels of competition positively influence R&D. Our results further … indicate that the relation between competition and innovative investment can be described as inverted U-shaped. Finally, we …
Persistent link: https://www.econbiz.de/10010337284
Persistent link: https://www.econbiz.de/10010396263
The study analyzes the impact of European antitrust enforcement on industry performance measured as competition … competitive market structure. We find that enforcement has a considerable effect, both on competition intensity and on … an increase in competition and productivity after the cartel break-up. The impact of vertical conduct is more complex …
Persistent link: https://www.econbiz.de/10010338295
This study investigates the bank competition-stability nexus using a unique regulatory dataset provided by the Deutsche …-varying characteristics of banks which are likely to influence the competition-risk taking channel. Third, we include different measures of … competition, contestability and market power, each corresponding to a different contextual level of a bank s competitive …
Persistent link: https://www.econbiz.de/10010339963
Regulatory authorities, governing markets and industries around the world, aim to develop a fair and equivalent competitive market with low entry and exit barriers that provide customers with sufficient knowledge and information to enable them to switch between products, services and suppliers...
Persistent link: https://www.econbiz.de/10010396588
Persistent link: https://www.econbiz.de/10010387375
Persistent link: https://www.econbiz.de/10003817554
rate competition and increases the banks price setting power as shown in Schliephake and Kirstein (2013). This paper … the enhanced price setting power can reverse the net effect that capital requirements have under perfect competition. …
Persistent link: https://www.econbiz.de/10010486698
the competition among them have an impact on allocation of savings, financing of investment, economic growth, the … evaluations of trends in the European financial service industry and examinations of the driving forces of efficiency, competition …
Persistent link: https://www.econbiz.de/10012655006