Showing 1 - 10 of 285
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
Climate change mitigation requires to replace preexisting carbon-intensive capital with different types of cleaner capital. Coal power and inefficient thermal engines may be phased out by gas power and efficient thermal engines or by renewable power and electric vehicles. We derive the optimal...
Persistent link: https://www.econbiz.de/10010739038
The "Geography of Innovation" is based on the desire to give empirical foundations to the explanations behind the … pronounced spatial polarisation of the innovation activities. It focuses on an attempt to measure the spatial dimension of … survey this empirical literature in order to highlight the main results interesting for the innovation policy. This analysis …
Persistent link: https://www.econbiz.de/10008794245
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