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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 …. Consistent with a large literature, we use patent counts as a measure of innovation. The combination of the US market's economic …
Persistent link: https://www.econbiz.de/10011342391
of competition law. This raises difficult questions about the relationship between competition and innovation as well as … what kind of assessment concepts competition authorities should use for investigating innovation effects, e.g., in merger … cases. This paper, on one hand, reviews briefly our economic knowledge about competition and innovation, and claims that it …
Persistent link: https://www.econbiz.de/10011758381
anticompetitive effects of mergers, is insufficient to capture innovation competition in its full extent. As a consequence, the aim of … none of the existing approaches seems to be appropriate to fully account for innovation competition. However, the …The relevant competitors in regard to innovation might, but not necessarily do, correspond to the identified …
Persistent link: https://www.econbiz.de/10010229899
discussed tradeoffs between innovation and price competition. I summarize recent developments in our knowledge of the … relationship between competition and innovation, highlighting the deficiencies that significantly constrain antitrust enforcers …Harold Demsetz once claimed that 'economics has no antitrust relevant theory of competition.' Demsetz offered this …
Persistent link: https://www.econbiz.de/10014046270
anticompetitive effects of mergers, is insufficient to capture innovation competition in its full extent. As a consequence, the aim of … none of the existing approaches seems to be appropriate to fully account for innovation competition. However, the …The relevant competitors in regard to innovation might, but not necessarily do, correspond to the identified …
Persistent link: https://www.econbiz.de/10014149809
market competition affects the economic gain firms can obtain from innovation. Empirical evidence is lacking because the … innovation value is not observable, and the innovation-competition relationship is endogenous. This paper adopts a stock market … decrease in market competition increases patent value. This paper contributes to the competition-innovation literature by …
Persistent link: https://www.econbiz.de/10013222554
We find that common ownership leads VCs to stifle competition among startups, but only in limited circumstances. Our … likely to advance its own project and obtain VC funding, which reduces competition between the startups. These …
Persistent link: https://www.econbiz.de/10012847024
integration, self-preferencing, killer acquisitions, and agglomeration. Developments in and relevance to ASEAN countries are …
Persistent link: https://www.econbiz.de/10013321957
This paper examines the evolution of national competition (antitrust) policies and enforcement approaches vis … competition policy approaches toward intellectual property licensing arrangements in the US, Canada and the EU. Part 3 elaborates … the foundational insights that have motivated competition policy interventions with respect to 'newer' issues such as anti …
Persistent link: https://www.econbiz.de/10011723874
to innovation and competition using data from the EBRD-WB Business Environment and Enterprise Performance Survey (BEEPS … competition and innovation have a simultaneous positive effect on labour productivity in terms of either sales or value added per …) in Eastern Europe and Central Asia. The findings confirm an inverted-U shaped impact of competition on R&D. Both …
Persistent link: https://www.econbiz.de/10011495228