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Innovation rivalry: theory and empirics

Author

Listed:
  • Jhon T. Scott
  • Troy J. Scott

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.

Suggested Citation

  • Jhon T. Scott & Troy J. Scott, 2014. "Innovation rivalry: theory and empirics," ECONOMIA E POLITICA INDUSTRIALE, FrancoAngeli Editore, vol. 2014(1), pages 25-53.
    • Handle: RePEc:fan:polipo:v:html10.3280/poli2014-001003
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    Citations

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    Cited by:

    1. Lambertini, Luca & Poyago-Theotoky, Joanna & Tampieri, Alessandro, 2017. "Cournot competition and “green” innovation: An inverted-U relationship," Energy Economics, Elsevier, vol. 68(C), pages 116-123.
    2. Albert N. Link & John T. Scott, 2018. "Propensity to Patent and Firm Size for Small R&D-Intensive Firms," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 52(4), pages 561-587, June.
    3. John T. Scott, 2023. "Research Diversity and Invention," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 62(2), pages 179-197, March.
    4. John T. Scott, 2016. "Creativity for invention insights: corporate strategies and opportunities for public entrepreneurship," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(4), pages 409-448, December.
    5. Robert S. Danziger & John T. Scott, 2021. "Government royalties on sales of biomedical products developed with substantial public funding," The Journal of Technology Transfer, Springer, vol. 46(5), pages 1321-1343, October.
    6. Link, Albert & Scott, John, 2018. "Geographic Proximity and Science Parks," UNCG Economics Working Papers 18-4, University of North Carolina at Greensboro, Department of Economics.
    7. Dennis Patrick Leyden, 2016. "Universities as partners in research joint ventures," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(4), pages 449-462, December.

    More about this item

    Keywords

    Innovazione; U rovesciata; ricerca e sviluppo (R&S); concentrazione del mercato; competizione schumpeteriana;
    All these keywords.

    JEL classification:

    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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