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Competition and Innovation : An Inverted U Relationship
Aghion, Philippe - 2014
This paper investigates the relationship between product market competition and innovation. It uses the radical policy … competition and patenting. It then develops an endogenousm growth model with step-by-step innovation that can deliver this … inverted-U pattern.In this model, competition has an ambiguous effect on innovation. On the one hand, it discourages laggard …
Persistent link: https://www.econbiz.de/10012708618
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In brief: Management in America
Bloom, Nicholas; Brynjolfsson, Erik; Foster, Lucia; … - Centre for Economic Performance, LSE - 2014
There are strong links between the performance of US manufacturing plants and the quality of their systems of monitoring, targets and incentives, according to research by Professor Nicholas Bloom and colleagues. Their analysis of data on more than 30,000 establishments, gathered in the first...
Persistent link: https://www.econbiz.de/10010765686
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In brief - New technology: who wins, who loses?
Reenen, John Van; Bloom, Nicholas; Garicano, Luis; … - Centre for Economic Performance, LSE - 2014
Technology has transformed the once powerful office of ambassador into a glorified sales position, while nurses, teaching assistants and medical technicians all benefit from the ICT revolution. According to an empirical study by Professor John Van Reenen and colleagues, these contrasting...
Persistent link: https://www.econbiz.de/10010765688