Is there a U-shaped relation between competition and investment?

By Dario Sacco, A. Schmutzler. 2011

139 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/a5626d7b100eb7f524a603af88cf648bb6b4778a

Citations in the corpus

• Timing of Technology Adoption and Product Market Competition (2011, unknown): “3 invest in R&D. Sacco (2008) and Tishler and Milstein (2009), also considering an oligopolistic market but using product substitutability as a measure of competition, have found that there is a U-shaped relationship between competition and firms’ investments in cost-reducing R&D. Aghion et al.…”