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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
This paper examines how market competition affects the intensity and breadth of innovation. I assembled a unique … between price competition and innovation. When collusion suppressed price competition, colluding firms increased patent … technology classes increased by 30%. When competition was restored by collusion breakdown, the increased and broadened innovation …
Persistent link: https://www.econbiz.de/10012844444
. Importantly, the theoretical model captures the strategic behavior between competing firms, its effect on their innovation …
Persistent link: https://www.econbiz.de/10012104132
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Is there any evidence that innovation and technological progress are contained by competition and fostered by monopoly … to changes in the econometric techniques used to model nonlinearity in the competition-innovation relationship and to the … innovation and technical change, we observe faster technological advances in more competitive markets. These results are robust …
Persistent link: https://www.econbiz.de/10013092260
We provide evidence that over the past 30 years, U.S. firms have expanded their scope of operations. Increases in scope and scale were achieved largely without increasing traditional operating segments. Scope expansion significantly increases valuation and is primarily realized through...
Persistent link: https://www.econbiz.de/10013462720
This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm's equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In...
Persistent link: https://www.econbiz.de/10011448232
concentration upon innovation, focusing on robust findings, questions of interpretation, and the identification of major gaps. We … also consider the more modest literature that considers the effect on innovation of firm characteristics other than size …
Persistent link: https://www.econbiz.de/10014025172
Persistent link: https://www.econbiz.de/10011709468
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