Showing 1 - 10 of 552
We examine how policy uncertainty affects firm innovation and competitive dynamism. In R&D races, the gap in the rate of innovation, rather than the absolute rate, determines the winner. As a result, periods of depressed innovation and investment from policy uncertainty present an opportune...
Persistent link: https://www.econbiz.de/10012835773
We test whether intellectual property rights foster or hinder innovation by estimating IV structural equations for a large sample of Swiss firms. We find that better appropriability conditions at the industry level raise the number of competitors. However, conditional on the given industry...
Persistent link: https://www.econbiz.de/10012872152
We test whether intellectual property rights foster or hinder innovation by estimating IV structural equations for a large sample of Swiss firms. We find that better appropriability conditions at the industry level raise the number of competitors. However, conditional on the given industry...
Persistent link: https://www.econbiz.de/10011990262
We test whether intellectual property rights (IPRs) foster or hinder innovation by estimating IV structural equations for a large sample of Swiss firms. We find that better appropriability conditions at the industry level raise the number of competitors. However, conditional on the given...
Persistent link: https://www.econbiz.de/10011997492
This paper examines empirically the role of market structure for the influence of spill-over effects on R&D-cooperations. The results of a microeconometric analysis, based on firm data on innovation, let in general presume that with intensified competition also the influence of spillovers on...
Persistent link: https://www.econbiz.de/10010316386
This paper examines empirically the role of market structure for the influence of spill-over effects on R&D-cooperations. The results of a microeconometric analysis, based on firm data on innovation, let in general presume that with intensified competition also the influence of spillovers on...
Persistent link: https://www.econbiz.de/10014190336
Should the FTC have allowed Zillow to acquire its foremost rival, Trulia? It is increasingly well-accepted that digital platforms tend toward dominance in their immediately adjacent relevant-product markets. Google, for example, has long held a majority share of the markets for general-search...
Persistent link: https://www.econbiz.de/10012958316
The idea that market selection promotes survival and expansion of the “fittest” producersis a key principle underlying theories of competition. Yet, despite its intuitive appeal, thehypothesis that companies with superior productivity also exhibit higher growth lacks em-pirical support. One...
Persistent link: https://www.econbiz.de/10012511349
Using administrative data on U.S. multisector firms, we document a cross-sectoral propagation of the import competition from China (“China shock”) through firms’ internal networks: Employment of an establishment in a given industry is negatively affected by China shock that hits...
Persistent link: https://www.econbiz.de/10013215837
This article analyzes how the perceived effectiveness of intellectual property protection and competitive pressure affect firms' innovation strategy choices, concretely, whether to abstain from innovation, to introduce products that are known in the market but new to the firm (imitation) or to...
Persistent link: https://www.econbiz.de/10009686719