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We examine the economic analysis of the relationship between innovation and product market competition. First, we give … idea that innovation rises and then eventually falls as the intensity of competition increases. Thirdly, we look at recent …
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effect on technology transfer (catching up with the technological frontier) as well as innovation (pushing the frontier …
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Economists have long been sceptical of claims about the 'death of distance' - the idea that new technology has diminished the significance of geography for economic outcomes. Research by Sokbae Lee, Rachel Griffith and John Van Reenen, which looks at patent citations over a quarter of a century,...
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