haku: @indexterm indexation / yhteensä: 73
viite: 2 / 73
| Tekijä: | Gustavsson Tingvall, P. Poldahl, A. |
| Otsikko: | Is there really an inverted u-shaped relation between competition and R&D? |
| Lehti: | Economics of innovation and new technology
2006 : MAR, VOL. 15:2, p. 101-118 |
| Asiasana: | competition indexation R&D |
| Kieli: | eng |
| Tiivistelmä: | This paper test whether predictions of the Aghion et al. model are supported by firm-level data. The authors analyze if there is an inverted U-shaped relation between competition and R&D. It is shown that the inverted U-shaped relation is supported by the Herfindahl index but not by the price cost margin. The results obtained by using the Herfindahl index suggest that breaking up monopolies increases R&D, whereas further increases in competition most likely lead to reduced R&D. |
SCIMA