G2TT
来源类型Working papers
规范类型论文
Anti-competitive conduct, in-house R&D, and growth
Grossmann, Volker; Steger, Thomas
发表日期2007-04
出版者CESifo
出版年2007
语种英语
摘要Incumbent firms have two basic possibilities to improve their competitive position in the product market: investment in R&D and the creation of entry barriers to the disadvantage of potential rivals, e.g. through lobbying activities, campaign contributions, bribes or the adoption of incompatible technologies. This paper proposes a simple oligopoly model which raises the possibility that such anti-competitive conduct and R&D investment are complementary activities for incumbents. Consequently, an institutional framework or technological possibilities which encourage anti-competitive conduct, although impeding entry of potential rivals and accentuating standard oligopoly distortions, may foster R&D-based growth and welfare. However, this outcome is less likely if entrants exert technological spillover effects, e.g. through foreign direct investment. Stronger protection of intellectual property rights, although triggering anti-competitive conduct and thereby impeding market entry as well, is more likely to foster economic growth.
主题Anti-competitive conduct ; In-house R& ; amp ; D ; Economic growth ; Entry barriers ; Knowledge spillovers
URLhttps://www.research-collection.ethz.ch/handle/20.500.11850/159777
来源智库Centre for Energy Policy and Economics (Switzerland)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/266650
推荐引用方式
GB/T 7714
Grossmann, Volker,Steger, Thomas. Anti-competitive conduct, in-house R&D, and growth. 2007.
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