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intricate reverse engineering are. Unlike similar step-by-step innovation models of economic growth, the model assumes Cournot … carries over to the Cournot set-up. -- competition ; imitation ; innovation ; Schumpeterian growth ; sector-specific patent …
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intricate reverse engineering are. Unlike similar step-by-step innovation models of economic growth, the model assumes Cournot … and growth carries over to the Cournot set-up. -- competition ; imitation ; innovation ; Schumpeterian growth ; sector …
Persistent link: https://www.econbiz.de/10003982010
We show theoretically that a proportional Ramp;D subsidy accelerates innovation activity at all degrees of competition … inverted U-shape between competition and innovation. Secondly, we find some evidence that a direct Ramp;D subsidy increases …
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We investigate the relationship between market concentration and industry innovative effort within a familiar two-stage model of R&D race in which firms compete à la Cournot in the product market. With the help of numerical simulations, we show that such a setting is rich enough to generate...
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This paper examines empirically the relationship between innovation and market structure within a simultaneous … concentration. In contrast, competition enforces innovation, i.e. sales concentration has a negative impact on R&D. …
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