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reversion in laggards' performance. When policy uncertainty is high, technological competition intensifies even as the overall …We examine how policy uncertainty affects firm innovation and competitive dynamism. In R&D races, the gap in the rate … investment from policy uncertainty present an opportune window for laggards to challenge and overtake leaders. We present …
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of monopsonistic competition. Multiple equilibria arise because of a strategic complementarity in investment decisions …
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of monopsonistic competition. Multiple equilibria arise because of a strategic complementarity in investment decisions …
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Nuclear power was one of the most important discoveries of the twentieth century, and it continues to play an important role in twenty-first century discussions about the future energy mix, climate change, innovation, proliferation, geopolitics, and many other crucial policy topics. This paper...
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