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comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are … product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in …
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market competition. The amount of knowledge firms can absorb from other firms is made dependent on their own research efforts … positive effect on R&D efforts both under research joint venture and under research competition. Firms' propensity to …
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market competition. The amount of knowledge firms can absorb is made dependent on their own research efforts, e.g. firms …-cooperating firms if spillovers are sufficiently large. The degree of market competition is a key determinant of the effects of research … cooperation on research efforts, implying that existing models which assume perfect competition might be too restrictive. …
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&D investment and their product market activities. Firstly, we find that in Cournot-quantity competition, owners strategically … compared to R&D competition, which in turn leads to increased R&D investment, reduced product prices and increased profits. …
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