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This Paper empirically tests the ‘bounds approach’ to industry structure proposed by Sutton ((1991), (1998)). To carry out this task, we focus on the chemical industry. Part of the novelty in this exercise is that we work on the finest possible level of disaggregation. Also, we identify...
Persistent link: https://www.econbiz.de/10005656233
this end, we provide a descriptive account of the competition and innovation indicators from 1980-2008. Then, we discuss … the relationship between market structure (level of competition) and innovation; and estimate the impact of the former on … of innovation have been associated with increasing economic rents – i.e., with further departures from the perfect-competition …
Persistent link: https://www.econbiz.de/10008685581
learningbydoing and organizational forgetting in R&D on firms' incentives to innovate. A dynamic step-by-step innovation model with …, the leader's R&D effort increases with the gap as she is trying to avoid competition in the future. When firms gain … allows followers to catch up. Contrary to the benchmark case the leader's innovation effort declines with the lead. This …
Persistent link: https://www.econbiz.de/10009226079
Contrary to most of the literature, which focuses only on the level of investment in innovation, this paper examines … competition among firms leads to an increase in the variety of developed projects and a decrease in the amount of duplication of …
Persistent link: https://www.econbiz.de/10010888524
This paper provides new evidence on the relationship between innovation, competition and distance to the technology … product innovations. Secondly, there is evidence that innovation and competition are more positively correlated at low levels … allows to capture a crucial determinant of a firm's business strategy and its response to competition. The findings from the …
Persistent link: https://www.econbiz.de/10008568450
-doing and organizational forgetting in R&D on firms' incentives to innovate. I develop a dynamic step by step innovation model … accumulation the leader's R&D effort increases with the gap as she is trying to avoid competition in the future. When firms gain … allows followers to catch up. Contrary to the benchmark case, the leader's innovation effort declines with the lead. This …
Persistent link: https://www.econbiz.de/10005163026
within the productivity distribution of surviving .rms. It is found that both innovation and less concentrated market …
Persistent link: https://www.econbiz.de/10005187638
This article compares the development of labour productivity in the Swedish and the Finnish business sectors and the role of the information and communication technology (ICT) sector in this process. The results show that the Finnish productivity level has been converging towards the Swedish...
Persistent link: https://www.econbiz.de/10004985519
&D personnel and industry concentration exists. If market concentration is a measure of competition than we can conclude that … innovation is related to the competitive market structure. We arrived at the same conclusion when innovation was measured by … intangible assets and competition was measured by Lerner index. Finally, our analysis concluded that although foreign firms are …
Persistent link: https://www.econbiz.de/10008802576
This paper presents an empirical assessment of the market structure and the competitive conditions of the Chinese banking sector. We applied the Panzar-Rosse H-statistic on the data collected from a panel including 16 most significant Chinese banks for the period 2004¨C2007. Equilibrium tests...
Persistent link: https://www.econbiz.de/10010944971