level of competition in an industry and the level of innovation in that industry. Thus, when consolidation changes the level … of competition in an industry we might expect this to have implications for the level of innovation in that industry. The … support industry innovation through funding R&D by industry and in its own research facilities. We present data on changes to …

level of competition in an industry and the level of innovation in that industry. Thus, when consolidation changes the level … of competition in an industry we might expect this to have implications for the level of innovation in that industry. The … support industry innovation through funding R&D by industry and in its own research facilities. We present data on changes to …

This paper examines empirically the relationship between innovation and market structure within a simultaneous … concentration. In contrast, competition enforces innovation, i.e. sales concentration has a negative impact on R&D. …