We test whether intellectual property rights (IPRs) foster or hinder innovation by estimating IV structural equations …

We test whether intellectual property rights foster or hinder innovation by estimating IV structural equations for a …

This paper analyses the relationship between past innovation output, competition, and future innovation input in a … results for both countries. Innovation output in t-1 as measured by the sales share of innovative products is positively …

To address the relationship between innovation and competition we jointly estimate the opportunity, production, and … impact functions of innovation in a simultaneous system. Based on Swiss micro-data, we apply a 3-SLS system estimation. The … low innovation, 2. low competition with high innovation, and 3. a "no innovation trap" at very high levels of competition …

This paper investigates the relationship between product market competition (PMC) and innovation. A Schumpeterian …, competition may also reduce innovation incentives for laggards. This model generates four main predictions which we test … empirically. First, the relationship between product market competition (PMC) and innovation is an inverted U-shape: the escape …