Institutional Advantage in Competition and Innovation Policy

Competition Policy and Innovation

The question addressed by the paper is whether standard procedures and widely accepted insights of competition policy remain valid when one deals with potentially anti-competitive conduct in innovative industries. The question of appropriateness arises because competition in these industries displays features that are radically different from those encountered in traditional sectors of the econ...

Intellectual Property Rights Policy, Competition and Innovation

To what extent and in what form should the intellectual property rights (IPR) of innovators be protected? Should a company with a large technology lead over its rivals receive the same IPR protection as a company with a more limited advantage? The analysis of these questions necessitates a dynamic framework for the study of the interactions between IPR and competition, in particular to understa...

The Institutional Infrastructure of Competition Policy*

Competition Policy and Innovation in Developing Countries: Empirical Evidence

Firms in Eastern Europe and Central Asia that feel their competitors pressure them to innovate are more likely to innovate than firms do not. But price competition also reduces rents—and therefore the resources that firms have to invest. This paper assesses how competition policy affects these two different aspects of competition and how each affect innovation. It finds that enforcing competiti...

Comparative Institutional Advantage

This paper discusses the implications of basic trade theory for our understanding of the economic performance of national institutional networks. A nation’s institutional configuration importantly shapes the incentives of its economic actors and thereby affects its productive capacities in various economic sectors. I.e., firms’ production functions, and thereby the shapes of national production...