Summary Based on an extended game-theoretic innovation-race model, we derive some Schumpeterian hypotheses of the … and process innovations. Using innovation data at the firm level in the German industrial sector, we estimate various … versions of an econometric specification of the model with dichotomous innovation data by using a univariate binary probit …

-side competition between entrants and incumbents quickly. These findings help us understand the mutual fund completion in China … effect of competition in Chinese mutual fund industry.  …

earned as if operating under monopolistic competition. Overall, the results show that market concentration is not …

's market structure and competition. Design/methodology/approach – The paper employs the Panzar‐Rosse (P‐R) method to compute … seem to reject the market structure of monopoly or perfect competition hypothesis. The results clearly indicate … monopolistic competition behavior in the Malaysian banking sector. During the period under study, the paper finds evidence of …

, gradual reform measures have been initiated to improve efficiency, productivity, competition and stability of the banking … sector. There is a requirement for a formal approach to examine level of competition in Indian banking sector after the … method using 2‐stage least square for assessing the degree of competition in the Indian banking system. Findings – The paper …

competition. In addition, this paper emphasizes how the emerging leaders in the industry are those innovative early entrants which …

subjective theory of value. In this article Menger's analysis of competition is examined and it is suggested that he understood … competition as a dynamic process. All elements of the modern process-oriented analysis of competition along evolutionary lines are … contained in his work: the emphasis of the process and not of the end-state to which competition might lead, the variety of …

Two” has triggered both in the USA and Europe, competition law concerns and placed the (as yet little economically … conditions of the credit card market, and presents results from competition law discourse in a broader economic framework. The … crucial question from the competition law perspective of the market dominance of the “Big Two” is analyzed for European …