Article
Market Structure and Innovation: A Brief Synopsis of Recent Thinking
Testimony for the Federal Trade Commission, Hearings on Competition and Intellectual Property Law in the Knowledge-Based Economy
Author(s)
This testimony begins with the classic investigation of Arrow (1962) and shows the stengths and limitations of viewing innovative behavior through this lens. It then reviews recent thinking about innovation incentives in light of firm choices to cooperate or compete with other providers of intermediate goods in technically intensive markets.
Date Published:
2002
Citations:
Greenstein, Shane. 2002. Market Structure and Innovation: A Brief Synopsis of Recent Thinking. Testimony for the Federal Trade Commission, Hearings on Competition and Intellectual Property Law in the Knowledge-Based Economy.