We show that, in the case when innovations are for sale, increased product market competition, captured by reduced … the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … in the industry. Moreover, it is shown that increased intensity of competition can increase the relative profitability of …

domestically-owned firms is through the impact on competition. We examine the effect of FDI on competition in the Chinese … manufacturing sector and the effect of competition on firms’ R&D. Our analysis is conducted on a large dataset including all Chinese … large and medium sized firms over the period 1998-2004. Our results show that FDI increases competition but there are no …

This paper questions whether competition can replace sector-specific regulation of mobile telecommunications. We show … negotiations. A light-handed regulatory policy can induce effective competition. Call prices are close to the marginal cost if the …

We analyse network competition in a market with international calls. National regulatory agencies (NRAs) have …