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dc.contributor.author
Grossmann, Volker
dc.contributor.author
Steger, Thomas
dc.date.accessioned
2017-06-14T17:47:27Z
dc.date.available
2017-06-14T17:47:27Z
dc.date.issued
2007-04
dc.identifier.issn
2364-1428
dc.identifier.issn
1617-9595
dc.identifier.uri
http://hdl.handle.net/20.500.11850/159777
dc.description.abstract
Incumbent firms have two basic possibilities to improve their competitive position in the product market: investment in R&D and the creation of entry barriers to the disadvantage of potential rivals, e.g. through lobbying activities, campaign contributions, bribes or the adoption of incompatible technologies. This paper proposes a simple oligopoly model which raises the possibility that such anti-competitive conduct and R&D investment are complementary activities for incumbents. Consequently, an institutional framework or technological possibilities which encourage anti-competitive conduct, although impeding entry of potential rivals and accentuating standard oligopoly distortions, may foster R&D-based growth and welfare. However, this outcome is less likely if entrants exert technological spillover effects, e.g. through foreign direct investment. Stronger protection of intellectual property rights, although triggering anti-competitive conduct and thereby impeding market entry as well, is more likely to foster economic growth.
dc.language.iso
en
dc.publisher
CESifo
dc.subject
Anti-competitive conduct
dc.subject
In-house R&D
dc.subject
Economic growth
dc.subject
Entry barriers
dc.subject
Knowledge spillovers
dc.title
Anti-competitive conduct, in-house R&D, and growth
dc.type
Working Paper
ethz.journal.title
CESifo Working Papers
ethz.pages.start
1963
ethz.size
41 p.
ethz.identifier.nebis
005472481
ethz.publication.place
Munich
ethz.publication.status
published
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03635 - Bretschger, Lucas / Bretschger, Lucas
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03635 - Bretschger, Lucas / Bretschger, Lucas
ethz.date.deposited
2017-06-14T17:52:19Z
ethz.source
ECIT
ethz.identifier.importid
imp59364e6c0e2c062239
ethz.ecitpid
pub:64406
ethz.eth
yes
ethz.availability
Metadata only
ethz.rosetta.installDate
2017-07-17T12:01:43Z
ethz.rosetta.lastUpdated
2020-02-15T05:17:27Z
ethz.rosetta.versionExported
true
ethz.COinS
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