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- W3215696579 abstract "Abstract I consider the impact of market contestability on innovation and growth. To examine this, I use discrete entry (i.e. an integer number of firms) as a tool to vary contestability in each sector of a disaggregated multi‐sector endogenous growth model. Contestability affects entry, extending results beyond competition. As a result, sectors with lower contestability have lower innovation and sectors characterized by Cournot oligopoly have lower innovation than sectors characterized by Bertrand. The effect of contestability is in addition to the effects of competition. Entry requirements become a consideration for innovation and growth policy, particularly in small or isolated economies." @default.
- W3215696579 created "2021-12-06" @default.
- W3215696579 creator A5048640735 @default.
- W3215696579 date "2021-12-11" @default.
- W3215696579 modified "2023-10-16" @default.
- W3215696579 title "Discretely innovating: The effect of limited market contestability on innovation and growth" @default.
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- W3215696579 doi "https://doi.org/10.1111/sjpe.12306" @default.
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