| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5058674 | Economics Letters | 2015 | 5 Pages |
Abstract
â¢This paper investigates the effect of yardstick competition on cost-reducing innovations.â¢We provide a natural measure for the intensity of yardstick competition.â¢An increase in the intensity of yardstick competition increases the incentives to innovate.
This paper investigates the effect of yardstick competition on firms' incentives to invest in cost-reducing innovations. We show that an increase in the intensity of yardstick competition, for which we provide a natural measure, increases the incentives to innovate.
Keywords
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Social Sciences and Humanities
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Economics and Econometrics
Authors
Yassine Lefouili,