Can patent protection and product market competition complement each other in enhancing incentives to innovate? In this … product market competition interact with the strength of patent rights. We provide empirical evidence of innovation responding … with step-by-step innovation models predicting that product market competition enhances innovation and, more importantly …

at which they upgrade the quality of their products. We analyze the effect of import competition on quality upgrading …

We examine the impact of Chinese import competition on patenting, IT, R&D and TFP using a panel of up to half a million …-specific quotas following China's entry into the World Trade Organization. Chinese import competition had two effects: first, it led … account for around 15% of European technology upgrading between 2000-2007. Rising Chinese import competition also led to falls …

effects of competition on individuals' creative production. Using a sample of commercial logo design competitions, and a novel …, content-based measure of originality, I find that intensifying competition induces agents to produce original, untested ideas … over tweaking their earlier work, but heavy competition drives them to stop investing altogether. The results yield lessons …

This paper builds a new model of financial exchange competition, tailored to the institutional details of the modern US …

How do firms in high-income countries adjust to emerging market competition? We estimate how a representative panel of … more differentiated firms that survive the increase in competition have better performance ex-post, but are ex-ante more …

In this paper, we design two laboratory experiments to analyze the causal effects of competition on step …-by-step innovation. Innovations result from costly R&D investments and move technology up one step. Competition is inversely measured by … that increased competition leads to a significant increase in R&D investments by neck-and-neck firms. Second, increased …