Competition and innovation: An inverted-u relationship

Quarterly Journal of Economics

Volumn 120, Issue 2, 2005, Pages 701-728

  Aghion, Philippe ^a   Bloom, Nick ^b   Blundell, Richard ^c   Griffith, Rachel ^c   Howitt, Peter ^d  

^a HARVARD UNIVERSITY   (United States)

^b LONDON SCHOOL OF ECONOMICS   (United Kingdom)

^c UNIVERSITY COLLEGE LONDON   (United Kingdom)

^d BROWN UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 20444391354     PISSN: 00335533     EISSN: None     Source Type: Journal    
DOI: 10.1162/0033553053970214     Document Type: Article

References (27)

1. Aghion, Philippe, Nick Bloom, Richard Blundell, Rachel Griffith, and Peter Howitt, "Competition and Innovation: An Inverted-U Relationship?" UCL Working Paper No. 04/06, July 2004.
2. Aghion, Philippe, Mathias Dewatripont, and Patrick Rey, "Competition, Financial Discipline, and Growth," Review of Economic Studies, LXVI (1999), 825-852.
3. Aghion, Philippe, Christopher Harris, and John Vickers, "Competition and Growth with Step-by-Step Innovation: An Example," European Economic Review, Papers and Proceedings, XLI (1997), 771-782.
4. Aghion, Philippe, Christopher Harris, Peter Howitt, and John Vickers, "Competition, Imitation and Growth with Step-by-Step Innovation," Review of Economic Studies, LXVIII (2001), 467-492.
5. Aghion, Philippe, and Peter Howitt, "A Model of Growth through Creative Destruction," Econometrica, LX (1992), 323-351.
6. Ai, Chunrong, and Xiaohong Chen, "Efficient Estimation of Models with Conditional Moment Restrictions Containing Unknown Functions," Econometrica, LXXI (2003), 1795-1843.
7. Arrow, Kenneth, "Economic Welfare and the Allocation of Resources for Invention," in R. Nelson, ed., The Rate and Direction of Inventive Activity (Princeton, NJ: Princeton University Press, 1962), pp. 609-625.
8. Bloom, Nicholas, and John Van Reenen, "Patents, Real Options and Firm Performance," Economic Journal, CXII (2002), C97-C116.
9. Blundell, Richard, Rachel Griffith, and John Van Reenen, "Market Share, Market Value and Innovation in a Panel of British Manufacturing Firms," Review of Economic Studies, LXVI (1999), 529-554.
10. Blundell, Richard, and James Powell, "Endogeneity in Nonparametric and Semi-parametric Regression Models," Chapter 8 in M. Dewatripont, L. P. Hansen, eds., Advances in Economics and Econometrics, Vol. II, Econometric Monograph Series 36 (Cambridge: Cambridge University Press, 2003).
11. Dixit, Avinash, and Joseph Stiglitz, "Monopolistic Competition and Optimum Product Diversity," American Economic Review, LXVII (1977), 297-308.
12. Geroski, Paul, Market Structure, Corporate Performance and Innovative Activity (Oxford, UK: Oxford University Press, 1995).
13. Gilbert, Richard, and David Newbery, "Preemptive Patenting and the Persistence of Monopoly,''American Economic Review, LXXII (1982), 514-526.
14. Grossman, Gene, and Elhanan Helpman, Innovation and Growth in the Global Economy (Cambridge, MA: MIT Press, 1991).
15. Hall, Bronwyn, Adam Jaffe, and Manuel Trajtenberg, "Market Value and Patent Citations: A First Look," NBER working paper No. 7741, June 2000.
16. Hart, Oliver, "The Market Mechanism as an Incentive Scheme," Bell Journal of Economics, XIV (1983), 366-382.
17. Hausman, Jerry, Bronwyn Hall, and Zvi Griliches, "Econometric Models for Count Data and an Application to the Patents-R&D Relationship," Econometrica, LII (1984), 909-938.
18. Martins, Joaquim Oliveira, Stephano Scarpetta, and Dirk Pilat, "Markup-up Ratios in Manufacturing Industries: Estimates for 14 OECD Countries," OECD Working Paper No. 162, 1996.
19. Nickell, Steven, "Competition and Corporate Performance," Journal of Political Economy, CIV (1996), 724-746.
20. Reinganum, Jennifer, "Uncertain Innovation and the Persistence of Monopoly," American Economic Review, LXXIII (1983), 61-66.
21. Romer, Paul, "Endogenous Technological Change," Journal of Political Economy, XCVIII (1990), 71-102.
22. Salop, Steven, "The Noisy Monopolist: Imperfect Information, Price Dispersion, and Price Discrimination," Review of Economic Studies, XLIV (1977), 393-406.
23. Scharfstein, David, "Product Market Competition and Managerial Slack," RAND Journal of Economics, XIX (1988), 147-155.
24. Scherer, Fredrick, "Market Structure and the Employment of Scientists and Engineers," American Economic Review, LVII (1967), 524-531.
25. Schmidt, Klaus, "Managerial Incentives and Product Market Competition," Review of Economic Studies, LXIV (1997), 191-213.
26. Schumpeter, Joseph, Capitalism, Socialism and Democracy (London: Allen Unwin, 1943).
27. Sutton, John, Technology and Market Structure (Cambridge, MA: MIT Press, 1998).