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competition and aggregate innovation. We consider a two-stage game with a deterministic Research and Development (R&D) process … outputs simultaneously. We show that the inverted-U relationship between competition and aggregate innovation occurs if … competition is affected by the number of technology followers. However, the presence of more technology leaders decreases …
Persistent link: https://www.econbiz.de/10013171861
Recent merger decisions by competition authorities have revived the debate on the relationship between competition and … competition assessment of the impact of a merger on dynamic competition, including its effects on innovation …
Persistent link: https://www.econbiz.de/10012932579
We investigate the relationship between competition and innovation using a dynamic oligopoly model that endogenizes … both the long-run innovation rate and market structure. We use the model to examine how various determinants of competition …
Persistent link: https://www.econbiz.de/10014042417
firm will choose to reduce product diversity which intensifies price competition. We have also examined the role of …
Persistent link: https://www.econbiz.de/10014555500
Industries with mixed oligopoly are exceedingly popular all over the world, especially in developing countries, such as China. This paper highlights the innovation strategies of mixed duopoly with a (semi-) public firm and another private firm, and the effects of mixed oligopoly on innovation...
Persistent link: https://www.econbiz.de/10011404470
A duopoly model of cost reducing R&D-Cournot competition is extended to study the endogenous timing of R&D strategic …
Persistent link: https://www.econbiz.de/10014059023
their investments. Competition is, however, not localized within a market segment and the class of new or old models, i …
Persistent link: https://www.econbiz.de/10010298702