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According to a recent literature, the positive effect of competition is supposed to be growing with the proximity to … the technological frontier. Using a variety of indicators, the paper tests the effect of competition and regulation on … 1979-2003. Results show no evidence of a positive effect of competition growing with the proximity to the frontier. Two …
Persistent link: https://www.econbiz.de/10010738552
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
results known in static frameworks. First, more competition pushes Neck and Neck firms to advertise more to attract a larger …
Persistent link: https://www.econbiz.de/10010738853
Innovation is the major instigator in competitive industry. The competition for innovation is traditionally analyzed … of Boone (2001) in order to determine the choice of positioning in a context of cumulative innovation. Thus, taking into … (called first mover) to implement cumulative innovation in order to maintain its position in spite of the investments of …
Persistent link: https://www.econbiz.de/10010820813
interval of values of the spillover parameter such that the relationship between competition and growth is an inverted-U-shape. …
Persistent link: https://www.econbiz.de/10010933868
is high, a single sender never discloses. Competition restores full disclosure only if some of the senders are … symmetric equilibria approach full disclosure as competition increases. …
Persistent link: https://www.econbiz.de/10009652974
This paper shows that dominant firms may wish to encourage competition in vertically-related markets. It shows that …
Persistent link: https://www.econbiz.de/10010535378
number of agents because competition reduces the agents' informational monopoly power. However, this environment also … tendency to choose more 'generous' (and more efficient) contract menus over time. We find that competition leads to a … substantially higher probability of trade, and that, overall, competition between agents generates the most efficient outcomes. …
Persistent link: https://www.econbiz.de/10009220690
secondary market where independent remanufacturers enter the competition. An environmental regulation imposing a minimum level … regulation. However, if an environmental regulation is to be implemented, collusion should be repressed since competition …
Persistent link: https://www.econbiz.de/10010605341
of financing and transport policy : is it possible to encourage intermodality without distorting competition on final …
Persistent link: https://www.econbiz.de/10010898463