.g. the minivan) and their welfare impacts. Instead, we apply this approach to unsuccessful products to provide insight into …

that the welfare impact of the GE innovation is significant. In the last five years of the period analyzed, our preferred … welfare impact of genetically engineered (GE) crop varieties. Using a unique dataset spanning the period 1996-2011, we find …

We investigate the relationship between competition and innovation using a dynamic oligopoly model that endogenizes … both the long-run innovation rate and market structure. We use the model to examine how various determinants of competition …, such as product substitutability, entry costs, and innovation spillovers, affect firms' equilibrium strategies for entry …

Several streams of recent literature emphasize the advantages of involving external sources of innovation in the … networked innovation strategy?' Building on empirical evidence gathered over a ten-year period at a major European automotive … external sources of innovation in developing complex products. The empirical evidence highlights two aspects that are important …

direct AV safety regulation is welfare-superior compared to a stringent liability regime, as it induces higher levels of AV …

This article addresses an issue that is debated in the economics of innovation literature, namely the existence of … producers, we show that: (i) decreasing returns to size and R&D expenditures characterize the innovation production function of …

We show the effects of the bargaining power of labour unions on product innovation under decentralised and centralised … union bargaining power increases innovation if bargaining is decentralised, the market expansion effect is weak and the cost … of innovation is moderate but low. Otherwise, a higher union bargaining power reduces innovation. Hence, whether a higher …