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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
Standards and norms are central objects for institutional studies. However, their role in innovation and the creation … between standard setting and innovation, in the context of emerging organizational fields. We consider standardization in … emerging fields as a socio-technical process, which must simultaneously promote a certain degree of innovation and enroll …
Persistent link: https://www.econbiz.de/10010583793
, 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
How does innovation come about in a highly institutionalized field like the construction sector? The construction … national legislation. It tends to lag behind other sectors of the economy when it comes to innovation, being perceived as … offers a unique opportunity to study in real time how innovation emerges within a highly institutionalized field. …
Persistent link: https://www.econbiz.de/10010584072