&D personnel and industry concentration exists. If market concentration is a measure of competition than we can conclude that … innovation is related to the competitive market structure. We arrived at the same conclusion when innovation was measured by … intangible assets and competition was measured by Lerner index. Finally, our analysis concluded that although foreign firms are …

This paper describes the main theoretical concepts of the competition, which is thought to be the fundamental social … process in the economy. The protection of competition (or the competition policy) is the one of the most important parts of … economic policy, because the competition ensures the freedom of choice. The theory of competition provides large number of …