English, Article, Journal or magazine article edition: Competition, R&D Activities and Endogenous Growth Antonio, MINNITI

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Bookmark: http://trove.nla.gov.au/version/178747
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Competition, R&​D Activities and Endogenous Growth
Author
  • Antonio, MINNITI
Physical Description
  • preprint
Notes
  • A prediction of the endogenous growth models with quality ladders is that there exists a negative relation between growth and the degree of market competition. The aim of this article is to shed light on the relation between competition and growth when horizontal and vertical innovations can simultaneously occur by adopting the structure of the patent race model; we show the way in which the toughness of competition influences the firmsÕ incentives to invest in the two R&​D activities; in particular, the presence of vertical and horizontal differentiation can determine a non monotonic long run relationship between competition and growth.
  • Growth; Competition; Vertical and Horizontal Innovations
  • RePEc:ctl:louvir:2004009
Language
  • English
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