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critical size, and competition to reach a critical level of intensity. By allowing an economy to produce a greater variety of … must then become larger to break even, which facilitates amortizing the fixed costs of innovation. We demonstrate our … theory in a dynamic general equilibrium model calibrated to England's long-run development and explore how various factors …
Persistent link: https://www.econbiz.de/10005041097
We investigate whether inward FDI, either at the firm or industry level, has any impact on product innovation by … that export, invest in human capital or R&D, or have prior innovation experience. We also find that SOEs with internal R …
Persistent link: https://www.econbiz.de/10005123532
European Union countries have implemented widespread reforms to product markets in order to stimulate competition …, innovation and economic growth. We provide empirical evidence that the reforms carried out under the EU Single Market Programme … (SMP) were associated with increased product market competition, as measured by a reduction in average profitability, and …
Persistent link: https://www.econbiz.de/10005136744
competition in market economies. We find evidence of the importance of a minimum of rivalry in both innovation and growth: the …This Paper examines the importance of competition in the growth and development of firms. We make use of the large …-scale natural experiment of the shift from an economic system without competition to a market economy to shed light on the factors …
Persistent link: https://www.econbiz.de/10005067370
By choosing their organizations, firms trade-off productive efficiency and time spent in implementing innovation. We … impact of time in firm competition: in addition to weighing costs and benefits of late adoption, firms use time as a … strategic variable through the possibility of overtaking their competitors. Due to this very specificity of time competition …
Persistent link: https://www.econbiz.de/10005067458
transfer, and their implications for investment, innovation, and product market competition. The model also sheds light on the … communicate valuable knowledge to an entrepreneur, facilitating innovation. The venture capitalist can also communicate the …
Persistent link: https://www.econbiz.de/10011168896
sectors (inter-sectoral spillovers), or at the international level. We find that innovation is strongly driven by knowledge … spillovers, especially those occurring at the national level. Wind and solar technologies exhibit distinct innovation … only influential in the case of wind technology. We also find evidence that public R&D stimulates innovation, particularly …
Persistent link: https://www.econbiz.de/10008468596
more important for small-firm innovation than for their larger counterparts. …
Persistent link: https://www.econbiz.de/10005497984
environmental regulations can spur more rapid innovation. I present a general framework for the analysis of these questions. I …
Persistent link: https://www.econbiz.de/10005791910
downstream sectors, which often face tough international competition. Such firms lose market share, thus worsening the economic … performance of the country. We try to document the importance of this link between competition problems and growth by analysing … from competition problems perform worse in terms of net exports, export growth and output growth. …
Persistent link: https://www.econbiz.de/10005067650