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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
This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify … competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …
Persistent link: https://www.econbiz.de/10010397677
The Slovenian transition represents a slow but steady liberalization of constraints on competition. Using a unique … as surviving firms, prove to be the major source of TFP gains. Market competition from new entrants, foreign-owned firms …, and international trade also raise firm efficiency in the industry. Results strongly confirm that market competition …
Persistent link: https://www.econbiz.de/10010261614
Corporate Social Responsibility (CSR) is like a chameleon, that changes its colour according to the context it is in. In the developed economy, it takes the form of sustainability and/ or philanthropy, whereas, in emerging economies, it speaks the language of religious, political and/or mandated...
Persistent link: https://www.econbiz.de/10014545935
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