When less competition induces more product innovation

Pradeep Dubey; Chien Wei Wu

doi:10.1016/S0165-1765(01)00555-9

When less competition induces more product innovation

Pradeep Dubey
, Chien Wei Wu

Economics

Stony Brook University

National Chi Nan University

Research output: Contribution to journal › Article › peer-review

16 Scopus citations

Abstract

Consider firms which engage in Cournot competition over a common product, but can undertake innovation to improve the quality of their product. In this scenario it can often happen that innovation is discouraged by too much or too little competition, and occurs only when the industry is of intermediate size.

Original language	English
Pages (from-to)	309-312
Number of pages	4
Journal	Economics Letters
Volume	74
Issue number	3
DOIs	https://doi.org/10.1016/S0165-1765(01)00555-9
State	Published - Feb 2002

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title = "When less competition induces more product innovation",

abstract = "Consider firms which engage in Cournot competition over a common product, but can undertake innovation to improve the quality of their product. In this scenario it can often happen that innovation is discouraged by too much or too little competition, and occurs only when the industry is of intermediate size.",

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When less competition induces more product innovation

Abstract

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