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 …

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

management on firm performance; (ii) a positive relationship between product market competition and average management quality … (part of which stems from the larger covariance between management with firm size as competition strengthens); and (iii) a …

We analyze the causal impact of competition on managerial quality (and hospital performance). To address the … hospitals in a geographical area. We find that higher competition is positively correlated with management quality, measured …

In this paper we examine the causal impact of competition on management quality. We analyze the hospital sector where … geographic proximity is a key determinant of competition, and English public hospitals where political competition can be used to … survival rates from emergency heart attack admissions (AMI). More importantly, we find that higher competition (as indicated by …