find that competition has a negative effect on innovation, especially for firms further from the efficiency frontier, and … we do not find support for an inverted U effect of competition on innovation. The authors show that the supply chain of … multinational enterprises and international trade are important channels for domestic firms' innovation. They detect no evidence …

not feel pressure (Carlin and others 2001; World Bank 2004). However, competition also appears to affect innovation in … of competition and, consequently, assesses their net impact on innovation. He finds that reducing tariffs and enacting … and enforcing competition laws modestly increases both the pressure that firms feel regarding innovation and the level of …

"The authors study the effect of reorganization costs on the efficiency of bankruptcy laws. They develop a simple model … that predicts that in a regime with high costs, the law fails to achieve the efficient outcome of liquidating unviable … lowering reorganization costs, the reform improved the selection of viable firms into reorganization. In this sense, the new …