acquisition relative to entry. A policy enforcing strict compatibility leads to more entry, but can be counterproductive by … of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … more important when there is an increase in network effects. A consequence is higher innovation incentives under an …

acquisition relative to entry. A policy enforcing strict compatibility leads to more entry, but can be counterproductive by … of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … more important when there is an increase in network effects. A consequence is higher innovation incentives under an …

for innovation for sale. Moreover, we show that increasing the degree of industry-wide standardization furthers the goal … presence of network externalities tends to make the entrepreneur prefer sale to entry. Moreover, we also show that the … incentive to innovate for entry decreases when network effects become stronger, whereas there is an increase in the incentive …

The central prediction of the Aghion et al. (2005) model is an inverted U-shaped relation between innovation and …-sector firms. However, non-exporting service firms deviate from the overall pattern. A more detailed breakdown of innovation … capacity to handle innovation projects internally and as competition increases, so does the payoff of an edge to competitors. …

for recent empirical results that point to an inverted-U shape relationship between competition and innovation. The model … information on whether this idea can be converted into a successful project against the cost of delaying innovation: a given firm …'s profit following innovation is decreasing in the number of firms that invested at earlier dates. By recognizing that a firm …

output performance. An econometric model is specified and estimated with Community Innovation Survey data for the Netherlands … divesting assets. Third, acquisitions motivated by knowledge barriers in the innovation process affect the probability of … positive innovative sales positively while acquisitions motivated by other reasons than innovation barriers affect this …

inverted-U shape relationship between competition and innovation. Our paper offers theoretical support to these results while … employing a more accurate definition of innovation than the previous literature; more precisely, we isolate innovation from … the pre innovation market is sufficiently high, the level of competition in the post innovation market is endogenous. We …

for recent empirical results that point to an inverted-U shape relationship between competition and innovation. The model … information on whether this idea can be converted into a successful project against the cost of delaying innovation: a given firm …'s profit following innovation is decreasing in the number of firms that invested at earlier dates. By recognizing that a firm …

This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run … including: i) measuring welfare gains from product innovation; ii)competition and efficiency in e-commerce, education, and …