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competition on R&D to the cost of innovation. The effect of competition on R&D is an inverted U-shape. However, the shape is … flatter and competition policy is therefore less relevant for innovation when innovations are relatively costly. Intuitively …, if innovations are costly for a firm, competitive shocks have to be significant to alter its innovation decisions …
Persistent link: https://www.econbiz.de/10010738755
This paper exploits a unique panel of 59,000 French firms over 1990-2004 to investigate the interactions between R&D, advertising and the competitive environment.The empirical findings confirm the predictions of a dynamic model that complements results known in static frameworks. First, more...
Persistent link: https://www.econbiz.de/10010738853
, notably industry, when it comes to innovation; as mechanically responding to external (client) needs and implementing … those related to innovation and sustainability. …
Persistent link: https://www.econbiz.de/10010583796
Judging from the number of communities and cities striving or claiming to be sustainable and how often eco-development is invoked as the means for urban regeneration, it appears that sustainable and eco-development have become "the leading paradigm within urban development" (Whitehead 2003). But...
Persistent link: https://www.econbiz.de/10010583798