This paper investigates the impact of technical progress on the relationship between competition an investment. Using a … find that technical progress, which increases the impact of investment on cost reduction, decreases the level of … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model …

In this paper, we design a theoretical model to analyze the impact of the number of firms on investment in the wireless … communications industry. Our model extends the Salop's framework by introducing investment in quality that either reduces the … their incentives to invest in quality. The impact on the aggregate industry investment can be non-monotone. These …

regions significantly stimulate the inflow of foreign direct investment in Russian food industry enterprises or is the …

the recent emphasis on agglomeration effects and divergence. The population flows to urban centers do not generate growth …

This paper studies the industry-specific relationship between industrial clustering and firm growth. The literature … of agglomeration effects on growth prospects of firms is less clear. Because of the heterogeneity of industries … which are drawn in the empirical literature on the impact agglomerations and clusters on firm growth are partly …