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 …

This paper provides a theory of strategic innovation project choice by incumbents and start-ups. We apply this theory … innovations. Furthermore, it leads to strategic duplication of the entrant's innovation by the incumbent. These negative … innovation effects of restrictive acquisition policy have to be weighed against the pro-competitive effects of preserving …

costs to the products being advertised, - Elimination (or non-emergence) of competition in markets to the products being …

the size of the market affect the optimal number of retailers. Our results arise both with price and quantity competition …

This paper models competition between two firms, which provide broadband In-ternet access in regional markets with … intensifies competition in all regions. We show that the cost-reducing potential of investments dominates the strategic effect …: Higher access fees increase facility-based competition, decrease retail prices and increase total demand. …

specialization/complexity effect, on the one hand, and the competition effect, on the other hand. How the interaction between these … of competition, remains unaffected by entry, as well as by market-size shocks. As a consequence, the competition effect …: (i) a competition effect, which stems from the market interactions between producers of intermediate inputs, and (ii) a …

use both academic publications and patent data to trace the geographical distribution of related knowledge and innovation …

entrepreneurial activity in innovation and regional growth within a spatial semi-endogenous growth model in the spirit of Jones (1995 …

This paper assesses the extent to which cooperation impacts innovation performance of firms in rural regions … firms. For policymakers, this implies that an exclusive focus on R&D-based regional innovation policies may be neither …