Competition and Innovation. Evidence in Support of the Non-linear Relationship
(2014) EKHM51 20141Department of Economic History
- Abstract
- This paper empirically investigates the relationship between product market competition and innovation in seven European countries for the period 1987-2006. To approximate change in competition level three measures are considered: mark-up level, import penetration and the number of firms on the market. Innovation is measured as R&D intensity. The analysis shows that effect of product market competition on R&D intensity can be described with a non-linear function. Non-linearity signifies that when competition level is low, an increase in competition rises R&D intensity, while with higher degree of competition on the market an upsurge of competition leads to lower R&D intensity.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/4467899
- author
- Sauchanka, Palina LU
- supervisor
- organization
- course
- EKHM51 20141
- year
- 2014
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Innovation, R&D, competition
- language
- English
- id
- 4467899
- date added to LUP
- 2014-06-19 09:16:57
- date last changed
- 2014-06-19 09:16:57
@misc{4467899, abstract = {{This paper empirically investigates the relationship between product market competition and innovation in seven European countries for the period 1987-2006. To approximate change in competition level three measures are considered: mark-up level, import penetration and the number of firms on the market. Innovation is measured as R&D intensity. The analysis shows that effect of product market competition on R&D intensity can be described with a non-linear function. Non-linearity signifies that when competition level is low, an increase in competition rises R&D intensity, while with higher degree of competition on the market an upsurge of competition leads to lower R&D intensity.}}, author = {{Sauchanka, Palina}}, language = {{eng}}, note = {{Student Paper}}, title = {{Competition and Innovation. Evidence in Support of the Non-linear Relationship}}, year = {{2014}}, }