to be especially aggressive in terms of innovation if they want to enter and succeed in markets where incumbents already …

(previously managed by Capitalia-Mediocredito Centrale), which contains information on both product and process innovation by … the same (unobserved) factors that affect the innovation outcome. In such a situation OLS estimated are biased and …

large companies such as Amazon, Facebook, Google, and Microsoft, on innovation. Several stakeholders and analysts assert … that digital platforms have become so dominant that they slow the speed of innovation and that regulatory and antitrust … and negative effects of digital platforms on innovation. This paper seeks to contribute to closing this gap by pursuing …