a high level of competition. What a country produces and how much it competes domestically and internationally are …

We provide an overview of the theories and empricial evidence on the complex relationship among innovation, competition …, and inclusive growth. Competition and innovation-led growth are critical to drive productivity gains and support broad … marked increase in inequality. Beyond consumer welfare in a narrow market, competition policy should adapt to this new …

Transition has entailed the introduction of policies to stimulate product market competition, to establish effective … relationship between competition and innovation, Aghion, Dewatripont and Rey (1999) showed that this could be reversed if agency … considerations were introduced. In their model competition acts as an incentive mechanism to reduce managerial slack, which produces …