market competition. The amount of knowledge firms can absorb from other firms is made dependent on their own research efforts … positive effect on R&D efforts both under research joint venture and under research competition. Firms' propensity to …

market competition. The amount of knowledge firms can absorb from other firms is made dependent on their own research efforts … positive effect on R&D efforts both under research joint venture and under research competition. Firms' propensity to …

This paper shows that subsidy can naturally emerge as part of the equilibrium strategy of an innovator of a cost … that there are robust regions where the social welfare is higher in subsidy-based licensing compared to the regime where … licensing involving subsidy is not allowed. The analysis is carried out for both outsider and incumbent innovators …

Using data from the US automobile market, we empirically examine the link between competition and innovation … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon … relationship is reasonably non-linear; (2) higher market-wide competition results in an increase in patenting, and the relationship …