We focus on the estimation of market entry costs that are declining over time and evaluate their impact on competition …

Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based … alternative theories. In this survey, we focus on four important aspects, namely: (i) the role of competition and market structure … institutions; and (iv) the emergence and impact of long-term technological waves. In each case, Schumpeterian growth theory …

, competition policy in the digital economy and the role of intellectual property rights frameworks in rapidly growing domains such …

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are … find evidence that high-quality inventions are sold under preemptive bidding competition. Asymmetric information problems …

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are … find evidence that high-quality inventions are sold under preemptive bidding competition. Asymmetric information problems …

profits. Consistently with the Knightian theory that relates risk to profitability, we model the impact of risk and …