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 …

and decreases wholesale prices when downstream competition is not too strong. Examining whether the merger’s potential …

, the licensee's entry into the final products market, although increases the competition and the cost that the licensor …