Entrepreneurial Innovations, Competition and Competition Policy
نویسندگان
چکیده
منابع مشابه
Entrepreneurial Innovations , Competition and Competition Policy
We construct a model where an entrepreneur could innovate for entry or for sale. It is shown that increased product market competition tends to increase the relative profitability of innovation for sale. Increased competition reduces entrants’ and acquirers’ profits in a similar fashion, but also reduces the profit of non-acquirers. Therefore, incumbents’ valuations of innovations are less nega...
متن کاملCompetition, Competition Policy, Competitiveness, Globalisation and Development
This paper explores the relationship between globalization, competition, competition policy and competitiveness. It is important to note that although these notions are related, they are conceptually different. This paper contributes by providing a theoretical framework for the main issues which arise in the modern discussion of competition and competition policies in economic development. It a...
متن کاملCompetition law, competition policy, and deregulation
Nykvist, from an anonymous referee and from the editors of this journal.
متن کاملImperfect Competition and Growth with Entrepreneurial Risk
This paper is analyzes a neoclassical overlapping generations model. We discuss a two-sector economy with intermediate and final goods in the spirit of Romer (1990). Agents engage in one of two alternative occupations: either self–employment in the intermediate goods sector, which is characterized by monopolistic competition, or employment as an ordinary worker in this sector. Entrepreneurial p...
متن کاملDoes Import Competition Spur Innovations?
We examine the impact of import competition on firms’ innovation input and output. We conjecture that U.S. firms view import competition from high-wage countries (HWCs) as “neck-and-neck” competition and will respond by intensifying innovation. In contrast, U.S. firms will reduce innovation in response to import competition from low-wage countries (LWCs), because such competition does not alway...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2011
ISSN: 1556-5068
DOI: 10.2139/ssrn.1926145