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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 … liberalization has significant positive impact on innovation through competition.Given the crucial role of competition in the …
Persistent link: https://www.econbiz.de/10011421238
in resolving or channeling the major societal questions. More European competition between universities in education and … research would be helpful. Universities can contribute to recreating hope and optimism through more innovation in the economy. …
Persistent link: https://www.econbiz.de/10010331415
Wissensverarbeitung, das dem Wettbewerb wichtige gesellschaftspolitische Funktionen zuschreibt. In seinen späteren Schriften hat er … herausgearbeitet, wie wichtig der Wettbewerb ist, um moralische Widerstände gegen nötige Anpassungen an veränderte … knowledge, which ascribe important societal functions to competition. In his later works, he has elaborated his view that …
Persistent link: https://www.econbiz.de/10011733882
capacity to handle innovation projects internally and as competition increases, so does the payoff of an edge to competitors. …The central prediction of the Aghion et al. (2005) model is an inverted U-shaped relation between innovation and … competition. The model is built on the assumption of a product market and has not yet been empirically tested on service …
Persistent link: https://www.econbiz.de/10010281438
Epistemic arguments play a significant role in Hayek's defense of market liberalism. His claim that market competition … and cost competition but also competition by innovations. Thence he overlooks the ambiguity that follows from the …
Persistent link: https://www.econbiz.de/10010286745
employer-employee data that spans the 16 years of the Soviet and transition periods in Russia (1985-2000), with a special …
Persistent link: https://www.econbiz.de/10010261607
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 … results for both countries. Innovation output in t-1 as measured by the sales share of innovative products is positively …
Persistent link: https://www.econbiz.de/10010300512
duplication of research. An increase in the intensity of competition among firms leads to an increase in the variety of developed …
Persistent link: https://www.econbiz.de/10011663162
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 … sources of finance. The scale of restructuring and innovation activity is as high or higher in transition economies as in …
Persistent link: https://www.econbiz.de/10010269128
relation between competition and innovation has been investigated intensely in industrial economics. It started with Schumpeter …, but assumed perfect competition. In New Growth Theory, economic growth depends on purposeful and maximising innovation …This paper investigates to which extent tough competition impacts on the macroeconomic performance of countries. The …
Persistent link: https://www.econbiz.de/10011435235