We specify and estimate a dynamic game to study the equilibrium relationship between market structure and innovation in … as stochastically increasing in innovation, the dynamic control, which is proxied by patent applications. Equilibrium … innovation is a function of market structure, the vector of quality levels of all active firms, and the cost of R&D. Our main …

The question that how market structure and innovation are related has been extensively studied in the literature … the relationship between market structure and innovation in the global automobile industry for the 1980-2005 period. We … industry level. Our findings are the following. (1) The effect of market structure on innovation in the global auto industry …

study the equilibrium relationship between market structure and innovation. The key state variable in the model is the …. Efficiency is estimated to be stochastically increasing in the dynamic control-innovation-which is proxied by patenting behavior …. Equilibrium innovation is a function of all state variables in the industry and the cost of R&D which includes a privately …

regional technological innovation, and the goals of the senior managers of global corporations. These four conflicts involve:1 … technological innovation, and consequently reduced rates of economic growth.What was true for economic decline in each metro region …

The paper addresses disruptive changes that globalization imposes on the geography of innovation systems, and … initially weak national production and innovation systems. Second, a greater variety of international knowledge linkages is … possible, as globalization reduces the spatial stickiness of innovation. Third, globalization has culminated in an important …

, competitive pressure in the ensuing innovation race induces firms to launch innovations too early, thereby raising the likelihood … punitive damages instead of mere compensation of harm caused, in order to decelerate such welfare-reducing innovation races …

This paper examines empirically the theoretical relationship between external knowledge and innovation success. Special …-specific absorptive capacities. The results of the micro-econometric analysis based on German firm data on innovation suggest that firms … can effectively use external R&D within their own innovation process, as long as they have access to the relevant …

Fundamental innovation usually involves huge upfront costs, but the benefits are spread across various sectors of the … an innovation. Using the US patent citation dataset, we define the user and producer relationship between each pair of … industries and between each pair of industry and technological class. We then show that after a merger between an innovation user …

Both M&A and innovation are instruments for growth and competitive advantage. Therefore they are fundamental to each … unfortunate as both processes - the process of innovation and the process of mergers and acquisitions - are intimately connected …. The impact of mergers on innovation can only be rigorously assessed, if the converse direction of influence - mergers …