Competition and Innovation in Markets with Technology Leaders
(2021)
Journal Article
Tsao, K.-C., Mukherjee, A., & Ray, A. (2022). Competition and Innovation in Markets with Technology Leaders. Games, 13(1), Article 9. https://doi.org/10.3390/g13010009
We consider technology leaders (which are innovators) and technology followers (which are non-innovators) to provide a new theoretical explanation for the well-cited empirical evidence of an inverted-U relationship between competition and aggregate i... Read More about Competition and Innovation in Markets with Technology Leaders.