Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/54716 
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dc.contributor.authorWörter, Martinen
dc.date.accessioned2011-11-22-
dc.date.accessioned2012-01-18T10:50:37Z-
dc.date.available2012-01-18T10:50:37Z-
dc.date.issued2011-
dc.identifier.pidoi:10.3929/ethz-a-006698629en
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
dc.language.isoengen
dc.publisher|aETH Zurich, KOF Swiss Economic Institute |cZurichen
dc.relation.ispartofseries|aKOF Working Papers |x290en
dc.subject.jelO30en
dc.subject.ddc330en
dc.subject.keywordR&D expendituresen
dc.subject.keywordPersistenceen
dc.subject.keywordInnovationen
dc.subject.keywordCompetitionen
dc.subject.keywordPanel dataen
dc.subject.keywordEmpirical investigationen
dc.subject.stwIndustrielle Forschungen
dc.subject.stwDaueren
dc.subject.stwInternationaler Wettbewerben
dc.subject.stwInnovationspolitiken
dc.subject.stwSchweizen
dc.titleCompetition and persistence of R&D-
dc.typeWorking Paperen
dc.identifier.ppn672657899en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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