How do financial constraints influence innovative activities of firms? In a two-period model of price competition with … and might even become a monopolist in the second period of competition. If we finally assume that both firms are …

resource use highlighting the importance of identifying the benefits of competition for the operation of the blockchain …

A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and evidence on … economic incentives for innovation. Competition policy and antitrust enforcement have traditionally focused on prices rather … than innovation. Economic theory shows the ways that price competition benefits consumers; and courts, antitrust agencies …

is found that patents ought to be weaker, the more intense competition, the higher R&D productivity, and the more … competition and introduces an empirically substantiated measure of sector differences in the ability to catch up with the …

This paper investigates how competition and firm size affect the relationship between market uncertainty and R …

penetration, we find that potential positive spillovers are dominated by negative competition effects. This, however, masks the …

This paper analyses the relationship between past innovation output, competition, and future innovation input in a … dynamic econometric setting. We distinguish two dimensions of competition that correspond to the concepts of product …

loss that arises from more intense market competition: the low-cost firms' profits may indeed increase with the number of …