Arbeitspapier
Competition Policy for High Technology Industries
I model optimal product-market competition policy when industriesdiffer inthe potential for quality-improving technological advance. In a two-periodmodel, a competition authority with limited resources administers adeterrence-based competition policy toward two industries. In one oftheindustries, an incumbent firm chooses the level of resources toinvest in aquality-improving R&D project. In the other industry, product qualityisconstant. The competition authority cannot commit in advance to thetoughness of competition policy in the post-discovery world. Optimalpolicy requires the competition authority to administer a toughercompetition policy before innovation, all else equal, the greater thepotential quality improvement; patent protection may increase R&Dintensity, but worsens market performance.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. 00-010/2
- Klassifikation
-
Wirtschaft
- Thema
-
Wettbewerbspolitik
Hochtechnologie
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Martin, Stephen
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
2000
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Martin, Stephen
- Tinbergen Institute
Entstanden
- 2000
Ähnliche Objekte (12)
Competition Policy in an Open Economy
Competition for a Prize
Price Competition on Graphs
Adoption of Superior Technology in Markets with Heterogeneous Network Externalities and Price Competition
Does Competition make Banks more Risk-seeking?
Airline Route Structure Competition and Network Policy
Selective Competition
Mobile Phones and Mozambique Farmers: Less Asymmetric Information and More Trader Competition?
Network Industries, Economic Stability and Spatial Integration
Banking Competition and Soft Budget Constraints: How Market Power can threaten Discipline in Lending
The Impact of Losing in a Competition on the Willingness to seek Further Challenges
Exchange Rate Policy under Sovereign Default Risk
Competition Policy in an Open Economy
Competition for a Prize
Price Competition on Graphs
Adoption of Superior Technology in Markets with Heterogeneous Network Externalities and Price Competition
Does Competition make Banks more Risk-seeking?
Airline Route Structure Competition and Network Policy
Selective Competition
Mobile Phones and Mozambique Farmers: Less Asymmetric Information and More Trader Competition?
Network Industries, Economic Stability and Spatial Integration
Banking Competition and Soft Budget Constraints: How Market Power can threaten Discipline in Lending
The Impact of Losing in a Competition on the Willingness to seek Further Challenges
Exchange Rate Policy under Sovereign Default Risk
Competition Policy in an Open Economy
Competition for a Prize
Price Competition on Graphs
Adoption of Superior Technology in Markets with Heterogeneous Network Externalities and Price Competition
Does Competition make Banks more Risk-seeking?
Airline Route Structure Competition and Network Policy
Selective Competition
Mobile Phones and Mozambique Farmers: Less Asymmetric Information and More Trader Competition?
Network Industries, Economic Stability and Spatial Integration
Banking Competition and Soft Budget Constraints: How Market Power can threaten Discipline in Lending
The Impact of Losing in a Competition on the Willingness to seek Further Challenges