The relationship between competition and innovation is difficult to disentangle, as exogenous variation in market …-induced innovation increase by the IG Farben successors, which then spilled over to the wider chemical industry …

to workplace innovation. Under our theoretical model, which extends the Cournot duopoly innovation model, local union … wage bargaining is more conducive to innovation - particularly product innovation - than competitive pay setting. We test … with process innovation …

that well-functioning credit markets would reflect a bank channel for monetary policy at work, we test whether a change in … and the associated change in interest rate does not affect change in bank credit, change in total debt and the proportion … of bank credit in total debt for any of the firms. We discuss the policy implications of the findings …

market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending … interpretation of the evidence on competition is that there is an initial move by firms into niches to exploit local market power … sources of finance. The scale of restructuring and innovation activity is as high or higher in transition economies as in …

Does competitive pressure foster innovation? In addressing this important question, prior studies ignored a distinction … between discrete innovation aiming at entirely new technology and continuous improvement consisting of numerous incremental … innovation will lead to a much richer understanding of the interplay between firms' incentives to innovate and competitive …

. We sketch a "superstar firm" model where industries are increasingly characterized by "winner take most" competition …