The theoretical literature on industrial organization has been argued that firms hold excess capacity to deter entry. However, empirical analysis did not provide much support to this hypothesis. In this paper we show that the dominant firms may hold excess capacity not for entry deterrence but for getting higher benefit from other business strategy such as licensing. We show that co-existence o...

This paper investigates the effect of market entry of new firms on incumbent firms’ innovative activity measured as patent applications. The basic assumption is that the effect of entry varies by geographical distance between entrants and incumbents due to the presence of localized unobserved spillovers. In order to avoid endogeneity problems commonly associated with the timing of entry and ent...

This paper investigates the relationship between international trade and the quality of economic institutions. We model institutions as fixed costs of entry, in a framework that has two key features. First, preferences over entry costs differ across firms and depend on firm size. Larger firms prefer to set higher costs of entry, in order to reduce competition. Second, these costs are endogenous...

Non-farm informal businesses comprise the majority of firm distribution in developing countries. We document novel stylized facts about entry and exit informal, non-farm firms using nationally representative panel data over 15 years across regions with varying levels local economic development Vietnam. First, we find that exhibit rates around 14–18% annually. Entry are similar highly correlated...

We study the distortions to industrial organization caused by entry regulation. We take advantage of heterogeneity across industries in their natural barriers and growth opportunities to examine whether some industries are differentially affected in countries with high levels of entry regulation. First, we consider the effect of entry regulation on the (static) structure of industry. We find th...

Title of dissertation: RECONFIGURATION STRATEGIES, ENTREPRENEURIAL ENTRY AND INCUBATION OF NASCENT INDUSTRIES: THREE ESSAYS Mahka Moeen, Doctor of Philosophy, 2013 Directed by: Professor Rajshree Agarwal Department of Management and Organization The first essay of my dissertation focuses on the incubation stage  the period between introduction of a technological change and its first commercial...