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products and brand-name reputation. The effects of new products on the private incentives to innovate are investigated on the … their investments. Competition is, however, not localized within a market segment and the class of new or old models, i …
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innovation will lead to a much richer understanding of the interplay between firms’ incentives to innovate and competitive … pressure measured by product substitutability may decrease firms' incentives to conduct continuous improvement, and that an … increase in the size of discrete innovation may decrease firms' incentives to conduct continuous improvement. A unique feature …
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Can patent protection and product market competition complement each other in enhancing incentives to innovate? In this … product market competition interact with the strength of patent rights. We provide empirical evidence of innovation responding … with step-by-step innovation models predicting that product market competition enhances innovation and, more importantly …
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This paper examines the effects of promotion-based tournament incentives for non-CEO executives on corporate innovation …. We find that firms with greater tournament incentives, which are measured as the pay gap between the CEO and other … tournament incentives. The attraction of talent and the reduction in excessive board interventions appear two plausible …
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This study analyses the incentives for process innovations under different conditions determined by the competition … policy for intellectual property rights (IPR) and particular features of markets and technologies. Competition policy is … technological competition. The results of modelling show that the uncertainty engendered by technological competition may lower the …
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