coevolution of market and network structure matter for the relationship between competition and innovation. Moreover, our model …

innovation and firm performance. Based on the industrial economics literature and the optimisation model, R&D competition, R … innovation compared with R&D competition. However, profit-maximising firms do not prefer the R&D competition strategy. They … with respect to the firm's investment in R&D. The social cost of R&D cartelisation is a loss of product innovation, and the …

We study innovation timing and socially optimal intellectual property rights (IPRs) when firms facing market … winner-take-all preemption. Moreover, the welfare achieved with optimal IPRs is greater with endogenous innovation than if …