Market Incentives for Business Innovation: Results from Canada

Bérubé, Charles; Duhamel, Marc; Ershov, Daniel

doi:10.1007/s10842-011-0122-5

Cited by 20 publications

(8 citation statements)

References 32 publications

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“…The third paper, titled "market incentives for business innovation: results from Canada" is by Berubé et al (2012). It opens the trilogy of empirical studies from the aforementioned OECD initiative.…”

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confidence: 99%

Competition and Innovation: Revisiting the Inverted-U Relationship

Peneder

2012

J Ind Compet Trade

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JEL classification L11 . L22 . L41 . M13 . O33This issue of the Journal of Industry, Competition, and Trade warrants some explanation in terms of a brief editorial. It presents a collection of papers that were independently submitted, but are closely related by their common interest in the question of how competition affects innovation. It is therefore not a special issue in the usual sense of an exclusive collection of invited papers, but an unusually focused issue on the topic of competition and innovation. It became possible only by an astonishing surge of renewed interest and novel research in this field.What explains the sudden explosion of new papers on a topic that has been written about so often and for so long? We have already too many papers with too many conflicting findings available, some people (editors among them) might say. In contrast, we believe that this is a good time to revisit the relationship and consider the current stream of publications to be only the beginning of a new wave of research. Our optimism is not only based on the fact that both innovation and competition are two major ingredients in any modern approach to industrial policy, 1 but also on the recognition of three powerful sources that offer new inspiration and opportunities that will continue to energize this development for some time to come.First of all, there has been a remarkable shift in the guiding theoretical hypotheses. For decades the debate was dominated by the simplistic and apparently misguided antagonism between a negative 'Schumpeter effect' versus a positive 'Arrow effect' of competition on innovation. It was simplistic by assuming that the specific arguments presented either by Schumpeter (1911Schumpeter ( , 1942 or Arrow (1962) are linear and thus apply independently of the initial degree of competition in the market. It was also misguided in two ways. First, by ignoring that Schumpeter's postulate of the logical impossibility of endogenous innovation

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confidence: 99%

Competition and Innovation: Revisiting the Inverted-U Relationship

Peneder

2012

J Ind Compet Trade

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“…Thus, beyond a certain point, the overall result of increasing competition even further will be to reduce the overall level of innovation. Aghion et al (2005) show that this inverted-U relationship between innovation and competition does indeed exist in UK manufacturing sectors, while Bérubé et al (2012) find similar results using Canadian data.…”

Section: Incentives To Create Technological Changementioning

confidence: 61%

Mushrooms and Yeast: The Implications of Technological Progress for Canada's Economic Growth

Howitt

2015

SSRN Journal

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Institute publications undergo rigorous external review by academics and independent experts drawn from the public and private sectors. The Institute's peer review process ensures the quality, integrity and objectivity of its policy research. The Institute will not publish any study that, in its view, fails to meet the standards of the review process. The Institute requires that its authors publicly disclose any actual or potential conflicts of interest of which they are aware. In its mission to educate and foster debate on essential public policy issues, the C.D. Howe Institute provides nonpartisan policy advice to interested parties on a non-exclusive basis. The Institute will not endorse any political party, elected official, candidate for elected office, or interest group. As a registered Canadian charity, the C.D. Howe Institute as a matter of course accepts donations from individuals, private and public organizations, charitable foundations and others, by way of general and project support. The Institute will not accept any donation that stipulates a predetermined result or policy stance or otherwise inhibits its independence, or that of its staff and authors, in pursuing scholarly activities or disseminating research results.

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“…Aghion et al find empirical support for this relationship in U.K. data, measuring innovation by patent registrations, as in our empirical analysis. Bérubé, Duhamel, and Ershov (2012); ; and Polder and Veldhuizen (2012) report similar findings for Canadian, Central and East European, and Netherlandic 8 firms, respectively (see also Tingvall and Poldahl 2006).…”

Section: Review Of the Empirical Literaturementioning

confidence: 68%

A Step Ahead: Competition Policy for Shared Prosperity and Inclusive Growth

Pop¹,

Licetti²,

Nyman³

et al. 2017

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This work is a product of the staff of The World Bank and the Organisation for Economic Cooperation and Development (OECD) with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent or those of the OECD or its member countries. The World Bank and the OECD do not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank or the OECD concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Nothing herein shall constitute or be considered to be a limitation upon or waiver of the privileges and immunities of The World Bank or the OECD, all of which are specifically reserved.

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Market Incentives for Business Innovation: Results from Canada

Cited by 20 publications

References 32 publications

Competition and Innovation: Revisiting the Inverted-U Relationship

Competition and Innovation: Revisiting the Inverted-U Relationship

Mushrooms and Yeast: The Implications of Technological Progress for Canada's Economic Growth

A Step Ahead: Competition Policy for Shared Prosperity and Inclusive Growth

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