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dc.contributor.authorKrap, Nielsen_US
dc.contributor.authorStephan, Johannesen_US
dc.description.abstractThis paper is motivated by the European Union strategy to secure competitiveness for Europe in the globalising world by focussing on technological supremacy (the Lisbon - agenda). Parallel to that, the EU Commission is trying to take a more economic approach to competition policy in general and anti-trust policy in particular. Our analysis tries to establish the relationship between increasing knowledge intensity and the resulting market concentration: if the European Union economy is gradually shifting to a pattern of sectoral specialisation that features a bias on knowledge intensive sectors, then this may well have some influence on market concentration and competition policy would have to adjust not to counterfeit the Lisbon-agenda. Following a review of the available theoretical and empirical literature on the relationship between knowledge intensity and market structure, we use a larger Eurostat database to test the shape of this relationship. Assuming a causality that runs from knowledge to concentration, we show that the relationship between knowledge intensity and market structures is in fact different for knowledge intensive industries and we establish a non-linear, inverted U-curve shape.en_US
dc.publisherInstitut für Wirtschaftsforschung Halle (IWH) Halle (Saale)en_US
dc.relation.ispartofseriesIWH-Diskussionspapiere 2008,3en_US
dc.subject.keywordmarket structureen_US
dc.subject.keywordknowledge intensityen_US
dc.subject.keywordcompetition policyen_US
dc.subject.stwLissabon Strategieen_US
dc.titleThe relationship between knowledge intensity and market concentration in European industries: An inverted U-shapeen_US
dc.typeWorking Paperen_US
Appears in Collections:IWH Discussion Papers, Halle Institute for Economic Research (IWH)
Publikationen von Forscherinnen und Forschern des IWH

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