Showing 1 - 10 of 4,926
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 …
Persistent link: https://www.econbiz.de/10011957665
innovation and existing product competition using the geography of Chinese internet penetration and Chinese import data … from China impact U.S. innovation through the markets for innovation and existing products. We identify shocks to ….S. firms at a high rate, consistent with increased intellectual property competition. Overall, Chinese competition in …
Persistent link: https://www.econbiz.de/10011997582
We study how competition impacts innovation (and welfare) when firms compete both in the product market and in … innovation development. This relationship is complex and may lead to scenarios in which a lessening of competition increases R … provide conditions for when competition increases or decreases industry innovation and welfare. These conditions are based on …
Persistent link: https://www.econbiz.de/10012929200
discussed tradeoffs between innovation and price competition. I summarize recent developments in our knowledge of the … relationship between competition and innovation, highlighting the deficiencies that significantly constrain antitrust enforcers …Harold Demsetz once claimed that 'economics has no antitrust relevant theory of competition.' Demsetz offered this …
Persistent link: https://www.econbiz.de/10014046270
This article provides an overview of the competitive issues surrounding online platforms. The general theme is that while much has been made of the structural features of online platforms there is little hard evidence that these are durable monopolies. Nonetheless, there are concerns about the...
Persistent link: https://www.econbiz.de/10013321957
innovation in EU15 have improved and whether such improvement has been driven by higher levels of competition in EU15 economies …. To this end, we provide a descriptive account of the competition and innovation indicators from 1980-10. Then, we discuss … the relationship between market structure (level of competition) and innovation; and estimate the impact of the former on …
Persistent link: https://www.econbiz.de/10013065858
to innovation and competition using data from the EBRD-WB Business Environment and Enterprise Performance Survey (BEEPS … competition and innovation have a simultaneous positive effect on labour productivity in terms of either sales or value added per …) in Eastern Europe and Central Asia. The findings confirm an inverted-U shaped impact of competition on R&D. Both …
Persistent link: https://www.econbiz.de/10011495228
Using data from the US automobile market, we empirically examine the link between competition and innovation … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon …. Consistent with a large literature, we use patent counts as a measure of innovation. The combination of the US market's economic …
Persistent link: https://www.econbiz.de/10011342391
Empirical studies have found that enhanced foreign competition can encourage or discourage innovation. To address this …-product firms live forever, and the large firms invest in innovation in order to enlarge their product spans. All firms export. I … show that an increase in the competitiveness of foreign firms can increase or reduce innovation efforts of a large multi …
Persistent link: https://www.econbiz.de/10014436971
of competition law. This raises difficult questions about the relationship between competition and innovation as well as … what kind of assessment concepts competition authorities should use for investigating innovation effects, e.g., in merger … cases. This paper, on one hand, reviews briefly our economic knowledge about competition and innovation, and claims that it …
Persistent link: https://www.econbiz.de/10011758381