This paper investigates the impact of technical progress on the relationship between competition an investment. Using a … model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model …

competition is measured as the degree of substitutability and technical progress enlarges the size of innovation in cost reduction …This paper investigates the impact of technical progress on the relationship between competition an investment. The … neutral with respect to the relationship between competition and investment …

This paper investigates the impact of technical progress on the relationship between competition an investment. Using a … model of oligopoly competition with differentiated products where firms invest to reduce their marginal cost of production … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model …

innovation. Innovation changes the status quo pay-off, and thereby affects the distribution of the gains from collusion. The … resulting innovation incentive is strictly smaller than in the competitive case …

Is there any evidence that innovation and technological progress are contained by competition and fostered by monopoly … to changes in the econometric techniques used to model nonlinearity in the competition-innovation relationship and to the … innovation and technical change, we observe faster technological advances in more competitive markets. These results are robust …

We examine the impact of lost intellectual property protection on innovation, competition, acquisitions, lawsuits and … lose as they face increased competition, product-market encroachment, and lower profits and valuations. They increase R …

We analyze the role of innovation in the technological development of four new EU members: the Czech Republic, Hungary …-industrial bilateral trade flows, which proxy the level of technological progress, and innovation expenditures within the context of a … gravity model with a set of appropriate instrumental variables to account for the potential endogeneity of innovation to trade …