presents both practical and policy challenges. This paper describes the Ghanaian experience and illustrates the key elements …

international competition, goes through innovation. This enables companies to adapt quickly to the pace of the technological change …

A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and evidence on … economic incentives for innovation. Competition policy and antitrust enforcement have traditionally focused on prices rather … innovation. In this book, economist Richard Gilbert proposes a shift from price-centric to innovation-centric competition policy …

This paper argues that drugs are expensive not because of a lack of competition among research-based pharmaceutical … companies, but because of a lack of competition in the drug approval process. Lack of competition in the drug approval process …

between increasing returns and monopolistic markets. In fact, established wisdom claims monopoly power to be instrumental for … positive description of previous models and the normative conclusion that monopoly through copyright and patent is socially …