Income, Endogenous Market Structure, and Innovation
نویسندگان
چکیده
منابع مشابه
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The empirical literature documents positive, negative, and even “inverted-U” relationships between monopoly power, innovation, and growth. Such findings are intuitive since insufficient market power prevents firms from reaping the benefits of up-front R&D investment, while excessive market power reduces the need for further R&D investment. Recent growth models imply, however, that greater marke...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2010
ISSN: 1556-5068
DOI: 10.2139/ssrn.1622835