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 …

innovation by combining the analysis of both micro and meso levels, i.e. the level of the firm and of the geographical region …. Our findings, based on the Fourth UK Community Innovation Survey (CIS), provide new insights regarding the relationship … between cooperative linkages for innovation and the development of technological capabilities by business units. Firstly, the …

on existing theories of competition in markets with adverse selection …

determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …