existing sales from future challengers. In this fundamental way, competition promotes innovation. We apply this basic insight … internalizes business-stealing effects arising from their parallel innovation efforts and thus tends to depress innovation … of R&D, may offset the adverse effect of a merger on innovation. We describe the possible effects of a merger on …

We study the effects of antitrust policy in industries with continual innovation. A more protective antitrust policy … may have conflicting effects on innovation incentives, raising the profits of new entrants, but lowering those of … continuing incumbents. We show that the direction of the net effect can be determined by analyzing shifts in innovation benefit …

A central debate in economics concerns the relationship between competition and innovation, with some stressing that … competition discourages innovation by reducing post-innovation rents and others emphasizing that more contestable markets spur … currently dominant and other firms to invest more in innovation. We examine the impact of competition laws on innovation. We …

" about future performance and standard measures of corporate innovation. We begin by developing a career concern model where … probability of failure, are more likely to pursue innovation, and that this effect is larger in more competitive industries. We …

policy, due to their potential to foreclose competition and affect innovation incentives. We exploit major new product …

Canadian firms adjusts innovation activities, business strategies, and exit in response to large increases in Chinese imports … between 1999 and 2005. On average, process innovation declines more strongly than product innovation. In addition, initially …

, internal firm organization, performance and innovation, which is representative of the entire Canadian economy. Our empirical … particularly striking for innovation, as firms with some priority in business strategies are significantly more likely to innovate …

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 …