We provide a simple framework to analyze the effect of rm dominance on incentives for Ramp;D. An increase in firm dominance, whichwe measure by a premium in consumer valuation, increases the dominant firm's incentives and decreases the rival firm's incentives for Ramp;D. These changes inuence...

We provide a simple framework to analyze the effect of firm dominance on incentives for Ramp;D. An increase in firm dominance, which we measure by a premium in consumer valuation, increases the dominant firm's incentives and decreases the rival firm's incentives for Ramp;D. These changes...

We provide a simple framework to analyze the effect of firm dominance on incentives for Ramp;D. An increase in firm dominance, which we measure by a premium in consumer valuation, increases the dominant firm's incentives and decreases the rival firm's incentives for Ramp;D. These changes...