Does competitive pressure foster innovation? In addressing this important question, prior studies ignored a distinction … between discrete innovation aiming at entirely new technology and continuous improvement consisting of numerous incremental … innovation will lead to a much richer understanding of the interplay between firms' incentives to innovate and competitive …

The relationship between competition and innovation is difficult to disentangle, as exogenous variation in market … structure is rare. The 1952 breakup of Germany's leading chemical company, IG Farben, represents such a disruption. After the … Second World War, the Allies occupying Germany imposed the breakup because of IG Farben's importance for the German war …

to workplace innovation. Under our theoretical model, which extends the Cournot duopoly innovation model, local union … wage bargaining is more conducive to innovation - particularly product innovation - than competitive pay setting. We test … with process innovation …

market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending … interpretation of the evidence on competition is that there is an initial move by firms into niches to exploit local market power … sources of finance. The scale of restructuring and innovation activity is as high or higher in transition economies as in …

.S. patents matched to corporate owners, we quantify how foreign competition affects domestic innovation. Rising import exposure … emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U … sectoral patenting trends, we find that U.S. patent production declines in sectors facing greater import competition. This …

, firms are price-makers and wage-setters. Our setting combines monopolistic and monopsonistic competition, thus encapsulating …

Welfare and Competition tool (WELCOM), to estimate with minimum data requirements the direct distributional effects of market … telecommunications and corn products. The results show that increasing competition from four to 12 firms in the mobile telecommunications …

development (R&D)) for a large representative sample of enterprises from manufacturing industries in Germany using unique newly …

Technological innovation has historically contributed to inclusive economic growth in Germany. In more recent decades …, however, this contribution has weakened due to the declining impact of technological innovation on labor productivity growth …. Fearing that this declining impact would undermine the international competitiveness of the economy, real labor compensation …