Basak, Debasmita; Hoefele, Andreas; Mukherjee, Arijit - 2014
We show the effects of the bargaining power of labour unions on product innovation under decentralised and centralised … wage bargaining. In this context, we show the implications of preference function, which affects the market size. A higher … union bargaining power increases innovation if bargaining is decentralised, the market expansion effect is weak and the cost …