Similar Search Results

Equity, commodity, and distillate risks during industrial transformation : innovation in the oil & gas industry using GARCH difference-in-decompositions

Carson, Scott Alan - 2024

The oil and gas industry’s early 2000’s fracking and horizontal drilling revolution realigned the industry and larger economies. This study uses New Growth Theory to evaluate innovation across an industry with various integrated but distinct upstream, midstream, and downstream units. Two...

Persistent link: https://www.econbiz.de/10015145025

The road not taken : competition and the R&D portfolio

Letina, Igor - 2013

When firms decide to invest in R&D, they have to choose not only the amount of resources to invest, but also which research projects to develop. This paper investigates the market portfolio of research projects. Contrary to most of the literature, which focuses only on the level of investment in...

Persistent link: https://www.econbiz.de/10009761734

The road not taken : competition and the R&D portfolio

Letina, Igor - 2014 - Revised version, August 2014

Contrary to most of the literature, which focuses only on the level of investment in innovation, this paper examines both the variety of research projects undertaken and the amount of duplication of research. A characterization of the equilibrium market portfolio of R&D projects and the socially...

Persistent link: https://www.econbiz.de/10010402613

The road not taken : competition and the R&D portfolio

Letina, Igor - 2015 - [Revised version, August 2015]

This article examines the effects of market structure on the variety of research projects undertaken and the amount of duplication of research. A characterization of the equilibrium market portfolio of R&D projects and the socially optimal portfolio is provided. It is shown that a merger...

Persistent link: https://www.econbiz.de/10011312249

The road not taken : competition and the R&D portfolio : conference paper

Letina, Igor - 2013

This paper develops an innovation model where firms choose which research paths to follow. Contrary to most of the literature which focuses only on the level of investment in innovation, this model captures both the variety of research paths undertaken and the amount of duplication of research....

Persistent link: https://www.econbiz.de/10010340555

Collusion and Research Joint Ventures

Miyagiwa, Kaz - 2015

We examine whether cooperation in R&D leads to product market collusion. Suppose that firms engage in a stochastic R&D race while maintaining the collusive equilibrium in a repeated-game framework. Innovation under competitive R&D creates inter-firm asymmetries, which destabilizes the collusive...

Persistent link: https://www.econbiz.de/10014221707

Collusion and research joint ventures

Miyagiwa, Kazuyuki (contributor) - 2007

Persistent link: https://www.econbiz.de/10003597038

Policy Innovations, Political Preferences, and Cartel Prosecutions

Ghosal, Vivek - 2016

While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political ….S. antitrust cartel prosecutions during the period 1969-2013. This period has seen substantive policy innovations with increasing … penalties related to fines and jail terms. There appear to be four distinct cartel policy regimes: pre-1978, 1978-1992, 1993 …

Persistent link: https://www.econbiz.de/10013003617

Policy Innovations, Political Preferences, and Cartel Prosecutions

Ghosal, Vivek - 2015

Persistent link: https://www.econbiz.de/10013012564

The road not taken: Competition and the R&D portfolio

Letina, Igor - 2014

Persistent link: https://www.econbiz.de/10011282467