The central prediction of the Aghion et al. (2005) model is an inverted U-shaped relation between innovation and competition. The model is built on the assumption of a product market and has not yet been empirically tested on service-sector firms. Using detailed firm-level data, we find the...

Colombian manufacturing exporting firms survey results are analyzed highlighting innovation, promotion, and learning, as well as the influence of factors such as: size, ownership, output objectives, destination of exports, competition and pricing, export incentives, and firm configuration, in...

This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run. From a long-run perspective, one can see that gains from competition-enhancing regulatory reform are likely to exceed static gains observed in the short run since firms will...

The central prediction of the Aghion et al. (2005) model is an inverted U-shaped relation between innovation and competition. The model is built on the assumption of a product market and has not yet been empirically tested on service-sector firms. Using detailed firm-level data, we find the...

We show theoretically that a proportional R&D subsidy accelerates innovation activity at all degrees of competition in the modern Schumpeterian growth model, but less so at high degrees of competition. We then use company-level data on patenting activity, product market competition and R&D...

The bulk of the global innovative effort takes place in 5 countries: USA, Japan and China as leaders, with France and United Kingdom as immediate followers, which all display, on the long run, a negative marginal value added on innovation. The present paper attempts to answer the following...

The internet has facilitated the creation of new markets characterized by large scale, increased customization, rapid innovation and the collection and use of detailed consumer and market data. I describe these changes and some of the economic theory that has been useful for thinking about...

Im vorliegenden Bericht werden die Ergebnisse des Teilprojektes "Lokale Strategien für die wirtschaftliche Entwicklung" des europäischen Forschungsprojekts TRUSTEE ("Towards RUral Synergies and Trade-offs between Economic development and Ecosystem services') beschrieben. Vor dem Hintergrund...

Im vorliegenden Bericht werden die Ergebnisse des Teilprojektes "Lokale Strategien für die wirtschaftliche Entwicklung" des europäischen Forschungsprojekts TRUSTEE ("Towards RUral Synergies and Trade-offs between Economic development and Ecosystem services“) beschrieben. Vor dem Hintergrund...

Faced with significant changes and mutations at consumer level, the EU food market finds itself in a position in which it has to function by rules that could be considered “non-specific”. From a traditionally inelastic market, it has gradually become a consumer market on which the producers...