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may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation … in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive …
Persistent link: https://www.econbiz.de/10011409970
This paper proposes a theoretical framework for studying the invention of new products when demand is uncertain. In this framework, under general conditions, the threat of ex post entry by a competitor can deter invention ex ante. Asymmetric market power in the ex post market exacerbates the...
Persistent link: https://www.econbiz.de/10005134408
may even reduce welfare. The reason is that it crowds our proprietary innovation, which on net may reduce total innovation …
Persistent link: https://www.econbiz.de/10005662038
The optimal design of two-part tariffs is investigated in a dynamic model where two firms belonging to the same supply chain invest in R&D activities to increase the quality of the final product. It is shown that the replication of the vertically integrated monopolist's performance can be...
Persistent link: https://www.econbiz.de/10011705637
Persistent link: https://www.econbiz.de/10005715614
market (innovation). It turns out that spillovers from rivals lead to more imitation, while inputs from customers and … research institutions enhance original innovation. …
Persistent link: https://www.econbiz.de/10009787404
and 2008 were analyzed in regard to the question to what extent and how the agencies assessed the innovation effects of … mergers. Theoretical background is the still open question how negative effects of mergers on innovation should be taken into … account in merger policy. Although we can show in our study that in one third of all challenged mergers also innovation …
Persistent link: https://www.econbiz.de/10010404134
The digital revolution has reinvigorated the discussion about the problem how to consider innovation in the application … of competition law. This raises difficult questions about the relationship between competition and innovation as well as … what kind of assessment concepts competition authorities should use for investigating innovation effects, e.g., in merger …
Persistent link: https://www.econbiz.de/10011758381
of intermediation in innovation. …
Persistent link: https://www.econbiz.de/10005498006
and 2008 were analyzed in regard to the question to what extent and how the agencies assessed the innovation effects of … mergers. Theoretical background is the still open question how negative effects of mergers on innovation should be taken into … account in merger policy. Although we can show in our study that in one third of all challenged mergers also innovation …
Persistent link: https://www.econbiz.de/10010435725