Patent citation data are used in a growing body of economics and business research on technological diffusion. Research … diffusing outward from the patenting entity. Until now, there exists little evidence on whether or not patent citations are a … good measure of knowledge flows. Our paper assesses the legitimacy of using European patent citations as a measure of …

issue, we build a model in which the value of an innovation depends both on the type of innovation implemented (product …, process) and on the existence of a patent protection or not. We obtain a three-equation model that links the values of product … and process innovations to the value of patent protection. This model and the feature of the data imply the estimation of …

We analyze the role of state-ownership in the banking sector from the perspective of competition. Considering both the … charge and/or offer relatively customer friendly interest rates? And (iii) is competition intensified by the conduct and …

applications were perceived as an important force to modify competition in bank markets. …

competition, using a mixture of theoretical arguments and empirical evidence. We discuss two hypothesis and survey empirical … the intensity of competition in B2C eCommerce. …

This paper shows that altruism may be beneficial in bargaining when there is competition for bargaining partners. In a …

Technological innovation in general and information technology (IT) applications in particular, have had a major effect … technological innovation in retail banking markets. …