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 …

Using a comprehensive dataset of all medium and large enterprises in China between 1998 and 2007, we show that … industrial policies allocated to competitive sectors or that foster competition in a sector increase productivity growth. We … measure competition using the Lerner Index and include as industrial policies subsidies, tax holidays, loans, and tariffs …

product market competition. This leads to more effective weeding out of the existing high-cost firms in the market. In this … gains, but exacerbates the existing cost asymmetry in the economy. Finally, infrastructure investment enhances the … importance of these transition impacts of infrastructure depends on features of the economy, such as the degree of cost asymmetry …

alternative theories. In this survey, we focus on four important aspects, namely: (i) the role of competition and market structure …

Using a comprehensive dataset of all medium and large enterprises in China between 1998 and 2007, we show that … industrial policies allocated to competitive sectors or that foster competition in a sector increase productivity growth. We … measure competition using the Lerner Index and include as industrial policies subsidies, tax holidays, loans, and tariffs …

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 …

This paper investigates the joint effect of consumers' environmental concerns and product-market competition on firms … intuition that socially responsible consumers induce firms to escape competition by pursuing greener innovations. To test and … quantify the theory, we bring together patent data, survey data on environmental values, and competition measures. Using a …

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