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...

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...

We develop a model for how innovation competition affects the organization of research activity and property-rights allocation in science-based industries. We consider a vertical production process with division of labor between research and commercialization. We analyze firms' incentive for...

We examine the impact of product market competition on innovation in markets for technology. An innovator makes an investment in quality-improving innovation that can be licensed to one (targeted licensing) or all (market-wide licensing) product market competitors. Our model points to a U-shaped...

We develop a model for two-sided markets with consumers and producers, who interact through a platform. Typical settings for the model are the market for smartphones with phone users, app producers, and smartphone operating systems; or the video game market with game players, video game...

This paper analyzes the design of innovation contests when the quality of an innovation depends on the research approach of the supplier, but the best approach is unknown. Diversity of approaches is desirable because it generates an option value. In our main model with two suppliers, the buyer...

This paper analyzes the design of innovation contests when the quality of an innovation depends on the research approach of the supplier, but the best approach is unknown. Diversity of approaches is beneficial because of the resulting option value. An auction induces the social optimum, while a...

We consider two-sided markets in which consumers and firms endogenously determine whether they single-home (patronize only one platform), or multi-home (join competing platforms). We find that the standard competitive bottleneck allocation in which all consumers single-home and all firms...

If entry requires accommodation by retailers, the incumbent manufacturer may transfer profits to retailers to maintain his dominant position (Asker and Bar-Isaac 2014). This paper shows that such an incentive to transfer will induce the high quality entrants to disclose the quality of their...

In response to a request for comment from the Federal Trade Commission, this report is divided into three parts:• The FTC's continuing leadership in consumer protection for Internet access• Competition and consumer protection in a changing communications industry• Competition and consumer...