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interaction we attempt to capture and explain is the one of technology with the possibility of innovation via the intensity of … later stages of innovation) curtailed, to encourage innovation and thus welfare, as a suitable policy measure. Thus, entry …In a Cournot oligopoly set up with constant marginal cost and linear demand, innovation is rewarding. In this paper we …
Persistent link: https://www.econbiz.de/10012263851
interaction we attempt to capture and explain is the one of technology with the possibility of innovation via the intensity of … later stages of innovation) curtailed, to encourage innovation and thus welfare, as a suitable policy measure. Thus, entry …In a Cournot oligopoly set up with constant marginal cost and linear demand, innovation is rewarding. In this paper we …
Persistent link: https://www.econbiz.de/10012824572
We investigate a multi-market Cournot model with strategic process R&D investments wherein a multi-market monopolist meets entrants that enter one of the markets. We find that entry can enhance the total R&D expenditure of the incumbent firm. That is, entry can stimulate R&D effort. Moreover,...
Persistent link: https://www.econbiz.de/10010332451
This paper is about technology choices in a differentiated oligopoly. The main questions are: whether the position in … the product space affects the choice of technology, how changes in fixed costs affect price outcomes, the strategic … marginal) ones. The former is shown to be more ready than the latter to adopt a technology with low marginal costs and high …
Persistent link: https://www.econbiz.de/10011938689
Persistent link: https://www.econbiz.de/10014325686
This work investigates how the export status of the firm influences the patterns of growth at different age classes. We address this research question resorting to a novel set of data that links together the universe of Italian firms and detailed data on export transactions. We find that the...
Persistent link: https://www.econbiz.de/10011433470
We examine whether the effects of firm age and size on survival and growth found in studies of manufacturing firms 1- hold also in retailing, 2- are a reflection of underlying firm-specific efficiency, per models such as Jovanovic's (1982), or play a separate role from other firm characteristics...
Persistent link: https://www.econbiz.de/10012709210
Firm growth is an essential feature of market economies, shaping together macroeconomic performance and the evolution of industry structures. As a potential indicator of organizational "fitness" within a competitive environment, firm growth is also a central concern to both the practice and...
Persistent link: https://www.econbiz.de/10012007050
Using data on franchised chains, which are the type of single-product entities emphasized in industry dynamics models, we show that age and size affect growth and survival even after controlling for chain characteristics and unobserved chain-specific efficiency. This implies that age and size...
Persistent link: https://www.econbiz.de/10013094539
This work investigates how the export status of the firm influences the patterns of growth at different age classes. We address this research question resorting to a novel set of data that links together the universe of Italian firms and detailed data on export transactions. We find that the...
Persistent link: https://www.econbiz.de/10011705467