world with two heterogeneous countries featuring different sizes and innovation capacities. Moving to an international …

-business technology with uncertain quality depending on its innovation and adoption cost and both firms' adoption timing. When innovation …

This paper presents a model of sequential innovation in which industry structure is endogenous and a standard of … nonobviousness; in Europe it is called the inventive step). The rate of innovation initially rises as this standard is raised from … standard that maximizes the rate of innovation. Surprisingly, this critical standard is more stringent for industries disposed …

their ability to convert local academic research into local commercial innovation. We develop and test the hypothesis that … the presence of a large, local, R&D-intensive firm an anchor tenant enhances the regional innovation system such that …

Using data from the US automobile market, we empirically examine the link between competition and innovation …. Consistent with a large literature, we use patent counts as a measure of innovation. The combination of the US market's economic … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon …