Showing 1 - 10 of 14,397
-line extension (an upgrade through innovation) before it faces generic competition. There are two types of physicians: loyal … competition ; pharmaceutical markets ; innovation …
Persistent link: https://www.econbiz.de/10009355566
How do financial constraints influence innovative activities of firms? In a two-period model of price competition with … and might even become a monopolist in the second period of competition. If we finally assume that both firms are …
Persistent link: https://www.econbiz.de/10010405872
Using data from the US automobile market, we empirically examine the link between competition and innovation … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon … relationship is reasonably non-linear; (2) higher market-wide competition results in an increase in patenting, and the relationship …
Persistent link: https://www.econbiz.de/10011342391
competition and aggregate innovation. We consider a two-stage game with a deterministic Research and Development (R&D) process … outputs simultaneously. We show that the inverted-U relationship between competition and aggregate innovation occurs if … competition is affected by the number of technology followers. However, the presence of more technology leaders decreases …
Persistent link: https://www.econbiz.de/10013171861
Persistent link: https://www.econbiz.de/10011460538
For a market of horizontal product differentiation, the paper examines the effects of the level of competition on the … is demonstrated that both firms undertake the product innovation when the competition is intense. For intermediate levels … of competition, the firms choose different investment projects, and for less intense competition, the firms pursue cost …
Persistent link: https://www.econbiz.de/10001906734
For horizontal product differentiation, the paper examines the effects of the level of competition on the firm … demonstrated that both firms undertake the product innovation when the competition is intense, they choose different investment … projects in intermediate competition, and they pursue cost-reducing innovations when competition is less intense. If firms may …
Persistent link: https://www.econbiz.de/10014118438
We investigate the relationship between market concentration and industry innovative effort within a familiar two-stage model of R&D race in which firms compete à la Cournot in the product market. With the help of numerical simulations, we show that such a setting is rich enough to generate...
Persistent link: https://www.econbiz.de/10012954814
The main objective of this paper is to analyze the links between product market competition, innovation and growth. In … flow increases the positive effect of competition on innovation and growth while the technology information flow has a … negative effect. We also decompose the overall effect of competition as the sum of two opposite effects: a negative level …
Persistent link: https://www.econbiz.de/10013029477
Mergers and acquisitions shape industry competition. Effective merger remedies are important for market efficiency and …
Persistent link: https://www.econbiz.de/10014376055