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explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially …
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. Importantly, the theoretical model captures the strategic behavior between competing firms, its effect on their innovation …
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The relationship between competition and innovation is difficult to disentangle, as exogenous variation in market …-induced innovation increase by the IG Farben successors, which then spilled over to the wider chemical industry. …
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Entrepreneurs, creators of new firms, are a rare species. Even in innovation-driven economies, only 1-2% of the work … environment is receptive to innovation. In addition, policymakers need to prepare for the potential job losses that can occur in …
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