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

Innovation is critical to technological progress and has many theories to explain its processes. Organised competition … rates and radicalness. This research introduces and develops the new staged competition innovation theory which builds on … innovation activity. The new theory comprises three principles that demonstrate how a well-designed staged competition provides …