competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …

We build a dynamic oligopoly model with endogenous entry in which a particular firm (leader) invests in an innovation …

We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth …

. Importantly, the theoretical model captures the strategic behavior between competing firms, its effect on their innovation … knowledge diffusion from the frontier firms to the laggard ones in explaining the observed shifts. We conclude by presenting new … evidence that corroborates a declining knowledge diffusion in the economy. We document a higher concentration of patenting in …

discussed tradeoffs between innovation and price competition. I summarize recent developments in our knowledge of the … relationship between competition and innovation, highlighting the deficiencies that significantly constrain antitrust enforcers …Harold Demsetz once claimed that 'economics has no antitrust relevant theory of competition.' Demsetz offered this …

equilibrium) in a differentiated duopoly with process innovation. One of the important features in this paper is that spillovers … four separate organization setups (Full Competition, Semi-collusion in Production, Semi-collusion in R&D and Full Collusion …

Both mergers and innovation are central elements of a firm s competitive strategy. However, model-theoretical analysis … of the merger-innovation link is sparse. The aim of this paper is to analyze the impact of mergers on innovative … activities and product market competition in the context of incremental process innovations. Inefficiencies due to organizational …

We experimentally investigate competition in innovation in a patent race scenario. Pairs of subjects compete as seller … firms on a duopoly market, engaging in risky search investments. Successful innovation is rewarded through temporary … competition as measured by sales shares, while for others no correlation is ascertained. Heterogeneity in individual risk …