Defensive strategies in the quality ladders

Ivan Ledezma

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: This paper analyses the potentially defensive behaviour of successful innovators and its effect on aggregate R&D effort. It proposes a quality-ladders model that endogenously determines leader's technology advantages and who innovate (the leader firm or its competitors). Regulation can have either a positive or a negative effect on R&D intensity. It can be negatively associated to aggregate innovative effort in higly deregulated economies. In more regulated ones, where deterring strategies are constrained, it yields incentives to innovate. These predictions are consistent with data on manufacturing industries of 14 OECD countries between 1987-2003.

Keywords: innovative leaders; quality ladders; R&D; regulation; industry-level data; données au niveau industriel; leaders innovants; modèle à échelles de qualité; réglementation (search for similar items in EconPapers)
Date: 2008-10
New Economics Papers: this item is included in nep-com, nep-cse, nep-ino and nep-reg
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00586709v1
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Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Defensive strategies in quality ladders (2013)
Working Paper: Defensive Strategies in the Quality Ladders (2013)
Working Paper: Defensive Strategies in the Quality Ladders (2010)
Working Paper: Defensive strategies in the quality ladders (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:halshs-00586709

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