We investigate what kind of competitive pressure induces existing firms to engage in more intensive innovation … therein. We use an oligopoly model with vertical differentiation to investigate this question. We show that a decrease in the …

The paper develops an oligopoly model of innovation and applies it to data from the Mannheim Innovation Panel. The … complexity, etc. are important determinants of overall innovation expenditures, but not for R&D specifically. If legal protection … affect the innovation activity of the firm. Specification tests derived from the theoretical model do not lead to a rejection …

This paper introduces a second, vertically related industry into the usual one-industry oligopoly framework of …

-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …

own innovation. The analysis predicts that the willingness to enforce IPR is U-shaped in a country GDP: small … enforcement of IPR yields a higher level of innovation and global welfare only if the developing country does not innovate. A …

-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …

We examine the economic analysis of the relationship between innovation and product market competition. First, we give … idea that innovation rises and then eventually falls as the intensity of competition increases. Thirdly, we look at recent …

-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale … desire of governments to foster risky 'breakthrough' innovations. -- business taxation ; innovation ; market entry …