transition from regulation to product market competition. First, we develop a theoretical framework that models this particular … appropriation effect which has decreased innovation by 19.5 percent after deregulation, and (b) the competition effect which has … organizational structure. Second, we use the US electricity deregulation in the 1990's to test the model. Using patents as a metric …

and increasing competition in many sectors, such as telecommunications, utilities, and transport. The timing and extent of …

This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run …. From a long-run perspective, one can see that gains from competition-enhancing regulatory reform are likely to exceed … static gains observed in the short run since firms will continue to innovate in ways they would not have under regulation. By …

This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run …. From a long-run perspective, one can see that gains from competition-enhancing regulatory reform are likely to exceed … static gains observed in the short run since firms will continue to innovate in ways they would not have under regulation. By …