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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w27253 |
来源ID | Working Paper 27253 |
Competition Laws and Corporate Innovation | |
Ross Levine; Chen Lin; Lai Wei; Wensi Xie | |
发表日期 | 2020-06-01 |
出版年 | 2020 |
语种 | 英语 |
摘要 | A central debate in economics concerns the relationship between competition and innovation, with some stressing that competition discourages innovation by reducing post-innovation rents and others emphasizing that more contestable markets spur currently dominant and other firms to invest more in innovation. We examine the impact of competition laws on innovation. We create a unique firm-level dataset on patenting activities that includes over 1.4 million firm-year observations, across 68 countries, from 1991 through 2015. Using a new, comprehensive dataset on competition laws, we find that more stringent competition laws are associated with increases in firms’ number of self-generated patents and the citation-impact and explorative nature of those patents. We also conduct the first examination of the relationship between competition laws and firms’ acquisition of patents from other firms. We find that competition increases patent acquisitions but lowers the ratio of acquired to self-generated patents. The results hold when using country-industry data on 186 countries over the 1888-2015 period. |
主题 | Other ; Law and Economics ; Industrial Organization ; Antitrust ; Development and Growth ; Innovation and R& ; D |
URL | https://www.nber.org/papers/w27253 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584924 |
推荐引用方式 GB/T 7714 | Ross Levine,Chen Lin,Lai Wei,et al. Competition Laws and Corporate Innovation. 2020. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w27253.pdf(1029KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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