Original paper
Competition & Innovation: Evidence from U .S . Patent and Productivity Data
Abstract
Is there any evidence that innovation and technological progress are constrained by competition and fostered by monopoly power? Our results, based on a constructed dataset of U . S . manufacturing industries observed over more than two decades, suggest that this is not the case. On the contrary, using both patent statistics and productivity growth as alternative measures of innovation and technological change, we observe faster technological...
Paper Details
Title
Competition & Innovation: Evidence from U .S . Patent and Productivity Data
Published Date
Jun 1, 2014
Volume
62
Issue
2
Pages
258 - 285
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History