Document Type

Article

Publication Date

3-2014

Publication Title

Economia e Politica Industriale-Journal of Industrial and Business Economics

Department

Department of Economics

Abstract

This paper develops the theory of a U relation between seller concentration and R&D investment and integrates the new theory with the traditional expectation of an inverted-U relation. The paper illustrates the U relation, and the integrated U and inverted-U relations, for a single type of R&D performed in most industries, exploiting differences in the degree of structural competition across industries while admitting little if any variation in the type of R&D.

DOI

10.3280/POLI2014-001003

Comments

This is a post-peer-review, pre-copyedit version of an article published in Economia e Politica Industriale-Journal of Industrial and Business Economics. The final authenticated version is available online at: http://dx.doi.org/10.3280/POLI2014-001003.

In the published, edited version [“Innovation Rivalry: Theory and Empirics,” Economia e Politica Industriale-Journal of Industrial and Business Economics, Vol. 41, No. 1 (March 2014), pp. 25-53.], in addition to all of the improvements in the formatting of tables and text, the figures have been redrawn. Also, in the published version, the tables and figures are integrated with the text.

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