Is Competition Good for Innovation?: A Simple Approach to an Unresolved Question - Softcover

Schmutzler, Armin

Softcover

ISBN 10: 1601983840 ISBN 13: 9781601983848

Publisher: Now Publishers Inc, 2010

Synopsis

Is Competition Good for Innovation? investigates the relation between competition and innovation. It provides a simple framework that helps to understand two issues: 1. What are the sources of the ambiguous relation between competition and innovation? 2. Which factors are conducive to a positive relation between competition and innovation? Chapter 2 identifies the first source of ambiguity between competition and innovation. In Chapter 3 the author reviews a simple framework that is general enough to contain the simple introductory examples and many familiar models from the literature as special cases. Chapter 4 considers several simple examples - the examples help to understand the different possible meanings of competition, that the effects of competition on innovation are ambiguous, and to identify the sources of ambiguities. Chapter 5 extends the analysis to deal with asymmetric firms. Chapter 6 treats various extensions of the simple framework that have received some attention in the literature. Chapter 7 moves toward the empirical literature and will also summarize a few contributions that have dealt with the relation between competition and innovation in laboratory experiments. Chapter 8 provides concluding remarks.

Edition details

• Publisher: Now Publishers Inc
• Publication date: 2010
• Language: English
• ISBN 10: 1601983840
• ISBN 13: 9781601983848
• Binding: Paperback
• Number of pages: 88