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enterprises for the period 1998 through 2007 to test for complementarity between competition and industrial policy. A main … competition-friendly and therefore more growth-enhancing. …
Persistent link: https://www.econbiz.de/10009359485
In this article the authors explore, in a preliminary way, some of the effects of learning-by-doing on the structure, conduct and performance of an industry. Learning is seen as a decline in a firm's unit production cost as a consequence of an increase in its cumulative production experience....
Persistent link: https://www.econbiz.de/10005281306
profits in total, and/or strategic complements, raising rival profits at the margin. In both Cournot and Bertrand competition …, when spillovers are low and competition is intense (because goods are close substitutes), national …
Persistent link: https://www.econbiz.de/10005662067
The outcome of technological competition between firms (or countries) depends on the resolution of two forces: the …
Persistent link: https://www.econbiz.de/10005662122
This Paper describes and analyses the evolution of industrial competitiveness in Sweden and Finland in a long-term perspective. One part of the Paper looks at the foundations for industrial take-off in Sweden, with some focus on the development of institutions for the creation and dissemination...
Persistent link: https://www.econbiz.de/10005666460
Empirical evidence strongly suggests that R&D increases a firm’s ‘absorptive capacity’ (its ability to absorb spillovers from other firms) as well as contributing directly to profitability. We explore the theoretical implications of this. We specify a general model of the absorptive...
Persistent link: https://www.econbiz.de/10005789040
We evaluate the social welfare loss (WL) that arises in an oligopolistic industry under technological competition and … losses in the effect of competition policy (driving price towards marginal cost) and industrial policy (lengthening patent … trade-off with respect to industrial policy, but a trade-off emerges with respect to competition policy. The dominant …
Persistent link: https://www.econbiz.de/10005791632
The purpose of this paper is to suggest how institutions can be created and modified to devise and implement industrial policy in the emerging market economies. Two main issues confronting industrial policy institutions are how to avoid regulatory capture, that is, having those policy-makers...
Persistent link: https://www.econbiz.de/10005791806
Our concern is about a firm-specific industrial policy. When R&D subsidies or taxes are differentiated among firms, the question arises which firms in an industry should receive such support. We analyse a situation where firms differ in their R&D technologies in two distinct ways: they differ...
Persistent link: https://www.econbiz.de/10005124475
The purpose of this paper is to try to shed some new light on the current industrial policy crisis. This paper proposes that the industrial policy debate is shaped by knowledge about the functioning of the underlying industrial structure, which in turn is the Gegenstand of scholars in the field...
Persistent link: https://www.econbiz.de/10005136586