Tsao, Ku-Chu; Mukherjee, Arijit; Ray, Achintya - In: Games 13 (2022) 1, pp. 1-20
In this article, we consider technology leaders (which are innovators) and technology followers (which are non-innovators) to provide a new theoretical explanation for the well-cited empirical evidence of an inverted-U relationship between competition and aggregate innovation. We consider a...