that are more effective at preventing outsider's entry and at mitigating price competition lead to less patenting. We test … restrict entry and price competition. We show that guilds which originated from medieval religious confraternities were more … likely to regulate entry and competition, and that the effect on patenting is robust to instrumenting guild statutes with …

local credit markets. We provide evidence that marginal increases in interbank competition are detrimental to relationship … technologies are al-ready widely in use in the market by a large group of small mutual banks, an increase in competition may drive … banks to further cultivate their extensive ties with customers. -- interbank competition ; market organizational structure …

market competition eventually prevails over family ties even in a family-controlled governance system such as in Italy. …The paper analyzes the interplay of product market competition and governance on CEO compensation in Italian listed … definitions of competition: the intensity of import penetration, which accounts for price competition, and the intensity of R …

Using data from the US automobile market, we empirically examine the link between competition and innovation … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon … relationship is reasonably non-linear; (2) higher market-wide competition results in an increase in patenting, and the relationship …

of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment … compete in two-person tournaments and are then informed of their score and the outcome of the competition. Conditional on the …

competition by a competitive fringe that produces low quality. We show that the brand manufacturer optimally provides a decoy good …