both increased competition and the enactment of equal treatment laws reduce the gender wage gap. …

both increased competition and the enactment of equal treatment laws reduce the gender wage gap. …

both increased competition and the enactment of equal treatment laws reduce the gender wage gap. …

This paper investigates the relationship between product market competition (PMC) and innovation. A Schumpeterian … engage in R&D activities. In this model, competition may increase the incremental profit from innovating; on the other hand …, competition may also reduce innovation incentives for laggards. This model generates four main predictions which we test …