: disruptive innovation that provides opportunities for entry; competition from online platforms that have secured a toehold in one … this points to online platforms facing sleepless nights since any online platform that tries the quiet life of monopoly …

relation of monopoly and competition to invention/innovation and knowledge management under conditions of periodical … technical progress leading to furthering of productive capacity through progressive knowledge development via invention/innovation …

by a monopoly owned by the inventor. We show that philanthropy does not necessarily increase long-run growth and that it … may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation … in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive …

increases utility. It is assumed that each variety is owned by a monopoly. Workers can specialize in material goods production … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set …

-shape in the success probability. Since even at the peak entry is rather unlikely, the persistence of the monopoly is high …. -- Persistence of Monopoly ; Efficiency Effect ; Replacement Effect ; Stochastic Innovations …