English, Article edition: Competition favors the prepared firm: Firms' R&D responses to competitive market pressure Lee, Chang-Yang

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/11245
Physical Description
  • article
Language
  • English

Edition details

Title
  • Competition favors the prepared firm: Firms' R&​D responses to competitive market pressure
Author
  • Lee, Chang-Yang
Physical Description
  • article
Notes
  • This paper aims to contribute to the literature on the long-debated relationship between market competition and firm research and development (R&​D) by investigating the effect of competitive market pressure on firms' incentives to invest in R&​D. The paper shows that a firm's R&​D response to competitive market pressure depends primarily on its level of technological competence or R&​D productivity: firms with high levels of technological competence tend to respond aggressively (i.e., exhibit a higher level of R&​D efforts) to intensifying competitive market pressure, while firms with low levels of technological competence tend to respond submissively (i.e., exhibit a lower level of R&​D efforts). The differential effect of competitive market pressure on firm R&​D, conditioned primarily by the level of firms' technological competence, is empirically supported by unique firm-level data from the World Bank. Furthermore, the role of firm-specific technological competence in conditioning the R&​D-competition relationship is more evident and statistically more significant for firms facing consumers whose utility is relatively more elastic to product quality than to price.
  • Technological competence R&​ D response to competitive market pressure
  • RePEc:eee:respol:v:38:y:2009:i:5:p:861-870
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment