We experimentally investigate competition in innovation in a patent race scenario. Pairs of subjects compete as seller … competition as measured by sales shares, while for others no correlation is ascertained. Heterogeneity in individual risk …

.e., firms competing on multiple structurally unrelated markets, can effectively limit competition. Our more general analysis … effects of forbearance and repeated interaction. Surprisingly, conglomerate firms do not limit competition, they rather foster …

formation is difficult to realize. We compare experimentally different coordination mechanisms in a first-price procurement …

.e., firms competing on multiple structurally unrelated markets, can effectively limit competition. Our more general analysis … effects of forbearance and repeated interaction. Surprisingly, conglomerate firms do not limit competition, they rather foster …

We experimentally investigate competition in innovation in a patent race scenario. Pairs of subjects compete as seller … competition as measured by sales shares, while for others no correlation is ascertained. Heterogeneity in individual risk …