We study the gains from trade in an economy with oligopolistic competition, firm heterogeneity, and innovation …. In addition to markups, selection and innovation provide additional channels through which the trade-induced effect on … channels; we find that innovation plays a small but non-negligible role, while the main component is equally split between the …

We study the gains from trade in a model with oligopolistic competition, heterogeneous firms and innovation, and … concentration contributes substantially to the gains from trade, mostly via its stimulating effect on innovation. Sizeable gains …

-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale … desire of governments to foster risky 'breakthrough' innovations. -- business taxation ; innovation ; market entry …

countries can simultaneously use patent boxes and R&D subsidies to promote innovation. We show that when countries set their tax … policies unilaterally, innovation is fostered, at the margin, only by the R&D subsidy. The patent box tax rate is instead …