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between regulation and innovation. The main challenge in the implementation of the new medical device regulations lies in the … area of innovation. This is because most innovative research in the medical device sector is undertaken by small to medium …
Persistent link: https://www.econbiz.de/10012612147
We experimentally investigate competition in innovation in a patent race scenario. Pairs of subjects compete as seller … firms on a duopoly market, engaging in risky search investments. Successful innovation is rewarded through temporary … competition as measured by sales shares, while for others no correlation is ascertained. Heterogeneity in individual risk …
Persistent link: https://www.econbiz.de/10010263789
into account firm heterogeneity. We find support for the prediction that competition has a negative effect on innovation … are important channels for domestic firm innovation. We do not find support for the inverted U effect of competition on … and are more likely to display the inverted U relationship between competition and innovation. …
Persistent link: https://www.econbiz.de/10010268909
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
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
knowledge, which ascribe important societal functions to competition. In his later works, he has elaborated his view that … competition serves to overcome moral resistance against adaptations that are necessary for coping with changes in scarcity … main points: (a) For modern society, innovative competition is much more important than the adaptive competition stressed …
Persistent link: https://www.econbiz.de/10011733882
methodology based on the latest trend to combine the approaches of global value chain and national innovation system research. The … with regional and national innovation-based development tendencies become of crucial importance. Application of foresight …
Persistent link: https://www.econbiz.de/10011540281
to innovation and competition using data from the EBRD-WB Business Environment and Enterprise Performance Survey (BEEPS … competition and innovation have a simultaneous positive effect on labour productivity in terms of either sales or value added per …) in Eastern Europe and Central Asia. The findings confirm an inverted-U shaped impact of competition on R&D. Both …
Persistent link: https://www.econbiz.de/10011630395