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Lefouili, Yassine
(2015)
Does competition spur innovation? The case of yardstick competition.
Economics Letters, 137.
pp. 135-139.
Official URL : http://tse-fr.eu/pub/29963
Identification Number : 10.1016/j.econlet.2015.10.033
Abstract
This paper investigates the effect of yardstick competition on firms’ incentives to invest in cost-reducing innovations. We show that an increase in the intensity of yardstick competition, for which we provide a natural measure, increases the incentives to innovate.
| Item Type: | Article |
|---|---|
| Language: | English |
| Date: | December 2015 |
| Refereed: | Yes |
| Uncontrolled Keywords: | Competition and innovation, Yardstick competition, Cost reduction |
| JEL Classification: | D4 - Market Structure and Pricing L1 - Market Structure, Firm Strategy, and Market Performance L5 - Regulation and Industrial Policy |
| Subjects: | B- ECONOMIE ET FINANCE |
| Divisions: | TSE-R (Toulouse) |
| Site: | UT1 |
| Date Deposited: | 21 Apr 2016 08:20 |
| Last Modified: | 02 Apr 2021 15:50 |
| OAI Identifier: | oai:tse-fr.eu:29963 |
| URI: | https://publications.ut-capitole.fr/id/eprint/19157 |
