This paper analyses the relationship between past innovation output, competition, and future innovation input in a … dynamic econometric setting. We distinguish two dimensions of competition that correspond to the concepts of product … substitutability and entry barriers due to fixed costs. Based on firm-level panel data for Germany and Switzerland we obtain consistent …

competition arising from trade reforms lead to increases in innovation? This paper attempts to examine the link between trade … Licandro (2009, 2010) as guide, a two-stage approach is tested where trade and innovation are linked via competition. A … reduction in tariffs leads to an increase in competition as price cost margins fall due to the increase in the number of players …

in resolving or channeling the major societal questions. More European competition between universities in education and …

(Smith 1962) and recent theoretical results (Dufwenberg et al. 2008) suggest that competition forces people to behave as if …

duplication of research. An increase in the intensity of competition among firms leads to an increase in the variety of developed …

market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending … interpretation of the evidence on competition is that there is an initial move by firms into niches to exploit local market power …

competition for principals or agents. While we do observe substantial and significant ratchet effects in the baseline (no … competition) case of our model, we find that ratchet behavior is nearly eliminated by labor-market competition; interestingly this …

This paper investigates to which extent tough competition impacts on the macroeconomic performance of countries. The … relation between competition and innovation has been investigated intensely in industrial economics. It started with Schumpeter … highest for medium-range competition, but lower for very tough competition as well as for a very lax competitive regime …