Showing 1 - 10 of 3,340
We study how competition affects innovation (and welfare) when firms compete both in the product market and in … innovation development. This relationship is complex and may lead to scenarios in which a lessening of competition increases R …
Persistent link: https://www.econbiz.de/10012985316
We study how competition impacts innovation (and welfare) when firms compete both in the product market and in … innovation development. This relationship is complex and may lead to scenarios in which a lessening of competition increases R … provide conditions for when competition increases or decreases industry innovation and welfare. These conditions are based on …
Persistent link: https://www.econbiz.de/10012929200
This paper gives a fresh account of competition in the digital economy. Economic analysis in the field of industrial … irrelevant. We posit the need to look at competition anew. Static models of monopoly firms and markets in equilibrium are often … growth and diversification of many digital firms lead to a situation of broad-spectrum competition that cuts across markets …
Persistent link: https://www.econbiz.de/10013238612
hopping, and patent thickets. By increasing generic competition, this legislation would make patients' lives better without …
Persistent link: https://www.econbiz.de/10012864156
Harold Demsetz once claimed that 'economics has no antitrust relevant theory of competition.' Demsetz offered this …-dimensional nature of competition. Competition does not take place upon a single margin, such as price competition, but several … dimensions that are often inversely correlated such that a liability rule deterring one form of competition will result in more …
Persistent link: https://www.econbiz.de/10014046270
Which kind of intellectual property regime is more favorable to innovation: one that enforces patents or one that does not? Economic theory is unable to answer this question, as valid arguments can be made both for and against patents; hence we must turn to empirical evidence. In this paper, we...
Persistent link: https://www.econbiz.de/10013064342
-grant competition will diminish such efforts. This is just a special case of the more general claim that a market will be more … asserts that this post-grant market should involve little or no competition, and infers from this that patents should be broad …. However, economists have long debated the relationship between competition and innovation. A leading view among contemporary …
Persistent link: https://www.econbiz.de/10014127918
This paper looks at whether the standard unilateral effects model can be applied to non-price competition parameters … such as innovation. This question arises because competition authorities are intervening in horizontal mergers that are … found to give rise to a “significant impediment to effective innovation competition” (“SIEIC”) as a result of a reduction in …
Persistent link: https://www.econbiz.de/10012852989
We examine the economic analysis of the relationship between innovation and product market competition. First, we give … idea that innovation rises and then eventually falls as the intensity of competition increases. Thirdly, we look at recent … applications and development of the framework in the areas of competition policy, international trade and structural Industrial …
Persistent link: https://www.econbiz.de/10013193559
We examine the economic analysis of the relationship between innovation and product market competition. First, we give … idea that innovation rises and then eventually falls as the intensity of competition increases. Thirdly, we look at recent … applications and development of the framework in the areas of competition policy, international trade and structural Industrial …
Persistent link: https://www.econbiz.de/10012799785