We study how competition between two downstream firms affects an upstream innovator's innovation strategy, which … upstream innovation: at low levels of competition, market-wide licensing is optimal and competition reduces innovation, while … at high levels of competition targeted licensing is optimal and competition increases innovation. Empirical analysis …

of innovation, our results suggest that innovation in the tech sector has been more rapid than the rate that would be … of innovation in high-tech sectors has been more rapid than indicated by official statistics, then it is perhaps even …

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 …

failure tolerance and a sharp guillotine helps explain when and where radical innovation occurs …

Though fundamental to innovation and essential to many industries and occupations, individual creativity has received … 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 …

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 …, that patent protection can complement competition in inducing innovation …

beyond its traditional focus on static efficiency to account for innovation and address dynamic efficiency. Innovation can … fundamentally affect merger analysis in two ways. First, innovation can dramatically affect the relationship between the pre …-merger marketplace and what is likely to happen if a proposed merger is consummated. Thus, innovation can fundamentally influence the …

This paper investigates the relationship between product market competition (PMC) and innovation. A growth model is … competition (PMC) and innovation is an inverted U-shape. Second, the equilibrium degree of technological neck-and-neckness' among … developed in which competition may increase the incremental profit from innovating; on the other hand, competition may also …