's ability to rationalize production is even more limited if costs are private information to firms. Merger in such markets … generate an efficiency gain associated with the pooling of information. Not only may costs be reduced, the price level and …

Standards and technical regulations which govern the admissibility of imported goods into an economy raise costs of … assumptions about the costs and benefits of standards imposed on tradable products by one or both of the countries. …

to influence occupational choice via access to economic resources, differences in costs of schooling, and ability …

stock option grant performs well is not that the state can recoup some of its costs hut rather that firms do not accept this …

stock option grant performs well is not that the state can recoup some of its costs but rather that firms do not accept this …

This paper analyzes the effect of an increase in patent scope on R&D and innovation. It presents a model where patent … duplication of R&D. The model predicts that an increase in patent scope can increase the probability of innovation if the … incumbent’s profit increase from innovation is large and the patented technology has a small advantage over the alternative …

entrepreneurial effort, entrepre-neurial innovation and capital investment. Because of these constraints, the entrepreneurial project …

sales price of a developed innovation. This will trigger preemptive acquisitions by incumbents, thus increasing the reward …

entrepreneurs with respect to commercialization as well as the rate of innovation. We find that stronger intellectual property … them. Consequently, we demonstrate that competition policy has a clearer role in promoting a higher rate of innovation in … increasing the rate of entrepreneurial innovation. …