economic growth and social welfare. The model combines a detailed oligopolistic competition model featuring endogenous entry … macroeconomic aggregates, and it replicates the observed hump-shaped relationship between innovation and competition within and …

competition. The model is built on the assumption of a product market and has not yet been empirically tested on service …&D. Finally, as competition increases, small firms tend to seek more strategic alliances with competitors while large firms tend … capacity to handle innovation projects internally and as competition increases, so does the payoff of an edge to competitors. …

competition. The model is built on the assumption of a product market and has not yet been empirically tested on service …&D. Finally, as competition increases, small firms tend to seek more strategic alliances with competitors while large firms tend … capacity to handle innovation projects internally and as competition increases, so does the payoff of an edge to competitors …

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 … taking a dynamic perspective on competition and efficiency, one can also understand better the new modes of competition …