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discourages entry and reduces innovation incentives, while horizontal integration always benefits from entry and innovation …
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Innovation-driven durable goods markets see substantial changes in quality and available choice sets and subsequent … is important for businesses to identify attribute-specific competitive landscapes and develop competitive innovation … at the product attribute level that can capture the asymmetric effect of innovation shocks on product demand, i.e., the …
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investments in innovation. But unlike monopolies in standard economic theory, innovation-based monopolies are temporary, for they …This paper describes what economists know, suspect, and guess about the underlying determinants of innovation. It … guide to avoiding public policy gaffes. A few general facts about innovation are relatively clear. Countries that show more …
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