The correlation between productivity and competition is an oft-observed but ill-understood result. Some suggest that … there is a treatment effect of competition on measured productivity, e.g. through a reduction of managerial slack. Others … argue that greater competition makes unproductive establishments exit by reallocating demand to their productive rivals …

establish a relational contract that softens price competition to either strengthen the inefficient firm in a war of attrition …

effects are due to increased competition for local resources …

: competition, business environment, learning spillovers and human capital. Collectively, these drivers account for about a third of …

Do political connections affect firm dynamics, innovation, and creative destruction? We study Italian firms and their … firms to invest in innovation and/or political connection to advance their productivity and to overcome certain market …

, and reallocation of capital. This finding applies mainly for obsolescence of core innovation and embodied innovation, and … profits of obsolescent firms. The measure contains incremental information about firm innovation relative to measures focusing … on new innovation …

channels. There is no evidence for an inverted U relationship between innovation and foreign competition. The relationship … competitive position. Using data on firms in 27 emerging market economies, we estimate the effects of foreign competition …, vertical linkages with foreign firms, and international trade on several types of innovation by domestic firms. Using …