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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...
Persistent link: https://www.econbiz.de/10013094541
We investigate a Cournot model with strategic R&D investments wherein efficient low-cost firms compete against less efficient high-cost firms. We find that an increase in the number of high-cost firms can stimulate R&D by the low-cost firms, while it always reduces R&D by the high-cost firms....
Persistent link: https://www.econbiz.de/10013094706
An important question to interest group scholars is whether citizen groups can effectively compete with industry groups in legislative arenas for influence (i.e. Holyoke 2008, Berry 1999). This paper compares the use of information by industry and citizen groups in Congressional hearings between...
Persistent link: https://www.econbiz.de/10013094908
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Simulation is the use of a structural economic model to predict the effects of a change in economic conditions or policy. Simulation has wide application in competitive analysis, from merger review to the calculation of damages in antitrust and patent infringement litigation. It provides a...
Persistent link: https://www.econbiz.de/10013095034
The relationship between product technology and corporate processes, such as competitiveness and strategizing, has been under-researched, as has their ultimate impact upon firm survival and failure. Research suggests that dominant designs within industries may consequently influence the...
Persistent link: https://www.econbiz.de/10013095458
This paper empirically shows that the cost of bank debt is systematically higher for firms that operate in competitive product markets. Using various proxies for product market competition, and reductions of import tariff rates to capture exogenous changes to a firm's competitive environment, I...
Persistent link: https://www.econbiz.de/10013095554
This paper analyzes the effect of public financing on the competitiveness on elections. It shows that states with public financing have more competitive elections in state assembly races than states without. The paper also analyzes the fortunes of those candidates for the Maine House of...
Persistent link: https://www.econbiz.de/10013095949
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