Gorodnichenko, Yuriy; Svejnar, Jan; Terrell, Katherine - Institute for the Study of Labor (IZA) - 2008
into account firm heterogeneity. We find support for the prediction that competition has a negative effect on innovation … are important channels for domestic firm innovation. We do not find support for the inverted U effect of competition on … innovation. There is partial support for the hypothesis that firms in a more pro-business environment invest more in innovation …