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The paper investigates the patterns of persistence of innovation and of the properties of firms' knowledge base (KB …
Persistent link: https://www.econbiz.de/10010933797
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
The paper investigates the patterns of persistence of innovation and of the properties of firms' knowledge base (KB …
Persistent link: https://www.econbiz.de/10011026232
, productivity growth and innovation takes place within manufacturing sectors. …
Persistent link: https://www.econbiz.de/10010569146