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research and incentives for innovation. We then summarize the pricing and marketing of drugs in the US and several other …
Persistent link: https://www.econbiz.de/10014025576
literature, which focuses only on the level of investment in innovation, this model captures both the variety of research … amount of duplication of research. An increase in the intensity of competition among firms leads to an increase in the …
Persistent link: https://www.econbiz.de/10009761734
Contrary to most of the literature, which focuses only on the level of investment in innovation, this paper examines … competition among firms leads to an increase in the variety of developed projects and a decrease in the amount of duplication of …
Persistent link: https://www.econbiz.de/10010402613
This Paper empirically tests the ‘bounds approach’ to industry structure proposed by Sutton ((1991), (1998)). To carry out this task, we focus on the chemical industry. Part of the novelty in this exercise is that we work on the finest possible level of disaggregation. Also, we identify...
Persistent link: https://www.econbiz.de/10005656233
We examine the impact of lost intellectual property protection on innovation, competition, acquisitions, lawsuits and … lose as they face increased competition, product-market encroachment, and lower profits and valuations. They increase R …
Persistent link: https://www.econbiz.de/10013462719
We provide evidence that over the past 30 years, U.S. firms have expanded their scope of operations. Increases in scope and scale were achieved largely without increasing traditional operating segments. Scope expansion significantly increases valuation and is primarily realized through...
Persistent link: https://www.econbiz.de/10013462720
concentration upon innovation, focusing on robust findings, questions of interpretation, and the identification of major gaps. We … also consider the more modest literature that considers the effect on innovation of firm characteristics other than size …
Persistent link: https://www.econbiz.de/10014025172
programming. Competition for viewers of the demographics most desired by advertisers implies that programming choices will be … too extreme as broadcasters strive to avoid ruinous subscription price competition, but strong advertising demand may lead … to strong competition for viewers and hence minimum differentiation (“la pensée unique”). Markets (such as newspapers …
Persistent link: https://www.econbiz.de/10014023811
This chapter focuses on the economic mechanisms at work in recent models of advertising finance in media markets developed around the concept of two-sided markets. The objective is to highlight new and original insights from this approach, and to clarify the conceptual aspects. The chapter first...
Persistent link: https://www.econbiz.de/10014025251
Empirical studies have found that enhanced foreign competition can encourage or discourage innovation. To address this …-product firms live forever, and the large firms invest in innovation in order to enlarge their product spans. All firms export. I … show that an increase in the competitiveness of foreign firms can increase or reduce innovation efforts of a large multi …
Persistent link: https://www.econbiz.de/10014436971