The debate on competition and innovation has produced a wide range of theoretical and empirical findings. Recently … innovation. We aim to contribute to the debate by investigating whether product-market competition and corporate governance … quality affect firm-level innovation, utilising a dataset for 1,400 non-financial US-listed companies. Using two-way cluster …

knowledge-based economy in the world’ by 2010. This paper aims to ascertain the extent to which various indicators of innovation … 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 …

Existing research on the relationship between market concentration and innovation has produced conflicting findings. In … addition, the emerging literature on the relationship between corporate governance and innovation tends to focus only on … partial effects of corporate governance on innovation. We aim to contribute to the debate by investigating both partial and …