: disruptive innovation that provides opportunities for entry; competition from online platforms that have secured a toehold in one … this points to online platforms facing sleepless nights since any online platform that tries the quiet life of monopoly …

relation of monopoly and competition to invention/innovation and knowledge management under conditions of periodical … technical progress leading to furthering of productive capacity through progressive knowledge development via invention/innovation …

market power even though consumers anticipate opportunistic behavior. However, the monopoly resorts "too much" to this … innovation and therefore to maintain buyers' confidence over "durability". The paper characterizes the equilibrium properties of … the resulting innovation cycles such as existence, uniqueness and asymptotic stability and discusses potential regulatory …

Innovation occurs within ... …

by a monopoly owned by the inventor. We show that philanthropy does not necessarily increase long-run growth and that it … may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation … in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive …