This paper extends the analysis of duopoly market by distinguishing two types of competition: (i) the basic form of competition where each firm is unrestricted in its choice of price and quantity and (ii) the non-basic form of competition where firms’ strategic choices over price and quantity...

This study assesses whether and to what extent new knowledge available in a region and its surrounding regions induces and facilitates new firm creation, an important topic that is largely left untested in the literature. Using a full population firm-level dataset of 44,434 newly created...