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dc.contributor.authorCzarnitzki, Dirken_US
dc.contributor.authorEtro, Federico Gabrieleen_US
dc.contributor.authorKraft, Korneliusen_US
dc.date.accessioned2009-08-12T07:19:14Z-
dc.date.available2009-08-12T07:19:14Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/27556-
dc.description.abstractWe develop a simple model of competition for the market that shows that, contrary to the Arrow view, endogenous entry threat in a market induces the average firm to invest less in R&D and the incumbent leader to invest more. We test these predictions with a Tobit model based on a unique dataset and survey for the German manufacturing sector (the Mannheim Innovation Panel). We confirm the empirical validity of our predictions and perform a number of robustness test with instrumental variables.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 08-078en_US
dc.subject.jelO32en_US
dc.subject.jelO31en_US
dc.subject.ddc330en_US
dc.subject.keywordR&Den_US
dc.subject.keywordEntryen_US
dc.subject.keywordEndogenous market structuresen_US
dc.subject.keywordLeadershipen_US
dc.subject.stwForschungen_US
dc.subject.stwIndustrielle Forschungen_US
dc.subject.stwInvestitionen_US
dc.subject.stwMarkteintritten_US
dc.subject.stwPotenzieller Wettbewerben_US
dc.subject.stwTheorieen_US
dc.subject.stwDeutschlanden_US
dc.titleThe Effect of Entry on R&D Investment of Leaders: Theory and Empirical Evidenceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn582109671en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:zewdip:7421-
Appears in Collections:Publikationen von Forscherinnen und Forschern des ZEW
ZEW Discussion Papers

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