Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/54716
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dc.contributor.authorWörter, Martinen_US
dc.date.accessioned2011-11-22en_US
dc.date.accessioned2012-01-18T10:50:37Z-
dc.date.available2012-01-18T10:50:37Z-
dc.date.issued2011en_US
dc.identifier.pidoi:10.3929/ethz-a-006698629-
dc.identifier.urihttp://hdl.handle.net/10419/54716-
dc.description.abstractThis paper investigates the R&D persistence of R&D active firms in different markets with different intensities of competition, based on firm-level panel data for the period 1996-2008. In a dynamic setting of the empirical model it turns out that persistence is strongly related to market competition (measured by the number of principal competitors). Persistence of R&D expenditures is more likely to be observed in markets with few principal competitors (between 6 and 10) and is very unlikely to be observed in polypolistic type of markets (more than 50 competitors). These results call for a stronger coordination between competition policy and innovation promotion policy, since the former basically aims at larger markets with many competitors, while the latter aims at persistence of R&D efforts and thus markets with fewer competitors.en_US
dc.language.isoengen_US
dc.publisher|aKOF |cZürichen_US
dc.relation.ispartofseries|aKOF working papers // KOF Swiss Economic Institute, ETH Zurich |x290en_US
dc.subject.jelO30en_US
dc.subject.ddc330en_US
dc.subject.keywordR&D expendituresen_US
dc.subject.keywordPersistenceen_US
dc.subject.keywordInnovationen_US
dc.subject.keywordCompetitionen_US
dc.subject.keywordPanel dataen_US
dc.subject.keywordEmpirical investigationen_US
dc.subject.stwIndustrielle Forschungen_US
dc.subject.stwDaueren_US
dc.subject.stwInternationaler Wettbewerben_US
dc.subject.stwInnovationspolitiken_US
dc.subject.stwSchweizen_US
dc.titleCompetition and persistence of R&Den_US
dc.typeWorking Paperen_US
dc.identifier.ppn672657899en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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