The effects of market linkages and the natural rate of discoveries on market st...

• Autor(es): Palma, Nuno
• Data: 2005
• Identificador Persistente: http://hdl.handle.net/10400.5/2685
• Origem: Repositório da UTL
• Assunto(s): R&D; Market Structure
• Tipo de Documento: Outro
• Idioma: Inglês

Descrição

The traditional approach makes investment in innovation constrained by market structure. This paper explores the causality from innovation to market structure. Omitting this causality direction on empirical models may explain empirical problems and contradictions on these models.