, endogenous entry and cumulative investments make positive effects of competition on investment more likely. Imperfect upstream … competition weakens the effects of competition on investment. -- competition ; investment ; cost reduction …Using a general two-stage framework, this paper gives sufficient conditions for increasing competition to have negative …

mechanisms by which competition affects investment. For a firm with lower initial marginal costs (higher efficiency), a positive … effect of competition on investment is more likely. Positive spillovers support a negative effect of competition on … investment. The relation between competition and investment is not affected in an unambiguous way by the level of pre …

, endogenous entry and cumulative investments make positive effects of competition on investment more likely. Imperfect upstream … competition weakens the effects of competition on investment. …Using a general two-stage framework, this paper gives sufficient conditions for increasing competition to have negative …

, endogenous entry and cumulative investments make positive effects of competition on investment more likely. Imperfect upstream … competition weakens the effects of competition on investment. …Using a general two-stage framework, this paper gives sufficient conditions for increasing competition to have negative …

Using a general two-stage framework, this paper gives sufficient conditions for increasing competition to have negative … or positive effects on R&D-investment, respectively. Both possibilities arise in plausible situations, even if one uses … relatively narrow concepts of increasing competition. The paper also shows that competition is more likely to increase the …

We examine the interplay of endogenous vertical integration and costreducing downstream investment in successive …, we establish the following main results: First, vertical integration increases own investment and decreases competitor … investment (intimidation effect). Second, asymmetric equilibria typically involve integrated firms that invest more into …

We examine the interplay of endogenous vertical integration and costreducing downstream investment in successive …, we establish the following main results: First, vertical integration increases own investment and decreases competitor … investment (intimidation effect). Second, asymmetric equilibria typically involve integrated firms that invest more into …

We examine the interplay of endogenous vertical integration and cost-reducing downstream investment in successive …, we establish the following main results: First, vertical integration increases own investment and decreases competitor … investment (intimidation effect). Second, asymmetric equilibria typically involve integrated firms that invest more into …

The relation between the intensity of competition and R&D investment has received a lot of attention, both in the … theoretical and in the empirical literature. Nevertheless, no consensus on the sign of the effect of competition on innovation has … factors work in favor of a positive relation between competition and innovation. …