Showing 1 - 10 of 12
quality - but also with more competition among suppliers. Both associations hold only for parts involving comparatively … relationships involving higher trust, buyers are able to induce higher investment and more intense competition among suppliers - but …
Persistent link: https://www.econbiz.de/10012866364
I consider a model in which an asset owner must decide how much to invest in his asset mindful of the fact that an encroacher's valuation of the asset is increasing in the asset owner's investment. Due to incomplete property rights, the encroacher and asset owner engage in a contest over the...
Persistent link: https://www.econbiz.de/10010265975
This paper examines how product market competition affects firms' timing of adopting a new technology as well as … but also among markets with Cournot and Bertrand competition. More specifically, Cournot competition can lead to earlier … adoption than Bertrand competition. It shows also that competition toughness does not always reinforce adoption incentives …
Persistent link: https://www.econbiz.de/10010265992
The role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The...
Persistent link: https://www.econbiz.de/10010271923
equilibrium unemployment. The relationship between the long-run unemployment and the intensity of product market competition is …
Persistent link: https://www.econbiz.de/10010261119
Using data from the U.S. automobile market, we empirically examine the link between competition and innovation … this an interesting market to examine the link between competition and innovation. We use firm-level time-series data over … patenting, and the relationship is reasonably non-linear; (2) higher market-wide competition results in an increase in patenting …
Persistent link: https://www.econbiz.de/10011388173
is found that patents ought to be weaker, the more intense competition, the higher R&D productivity, and the more … competition and introduces an empirically substantiated measure of sector differences in the ability to catch up with the …
Persistent link: https://www.econbiz.de/10010270491
&D investment, and derive predictions on the effects of trust and competition on suppliers' investment and buyers' procurement … - but also with more competitive procurement: trust and rents from reduced supplier competition in the procurement process …
Persistent link: https://www.econbiz.de/10010500390
Empirical studies have uncovered an inverted-U relationship between product-market competition and innovation. This is … inconsistent with the original Schumpeterian Model, where greater competition reduces the profitability of innovation. We show that … the model can predict the inverted-U if the innovators’ talent is heterogenous, and privately observable. With competition …
Persistent link: https://www.econbiz.de/10011815841
Power market integration is analyzed in a two countries model with nationally regulated firms and costly public funds. If generation costs between the two countries are too similar negative business-stealing outweighs efficiency gains so that following integration welfare decreases in both...
Persistent link: https://www.econbiz.de/10010283608