Market Regulation and Innovation: Direct and Indirect Effects

QUIGNON, Aurelien

doi:10.1007/s10842-022-00390-y

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Market Regulation and Innovation: Direct and Indirect Effects

QUIGNON, Aurelien

2022 • In Journal of Industry, Competition and Trade

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https://hdl.handle.net/10993/52856

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10.1007/s10842-022-00390-y

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Keywords :

Competition; Regulation; Innovation

Abstract :

[en] The effects of competition regulations on innovation are, in theory, ambiguous. Using a panel of twenty-five OECD countries over 1995–2015, we estimated how domestic and foreign competition affects innovation. Reducing regulation intensifies domestic and foreign competition, increasing R&D expenditure and patenting. Accounting for interaction between these two sources of product market competition, we find that domestic regulation directly led to growing R&D expenditure and patent production, whereas competition from foreign regulation influences innovation toward its effect on domestic competition.

Disciplines :

Strategy & innovation

Author, co-author :

QUIGNON, Aurelien ; University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Department of Economics and Management (DEM)

External co-authors :

Language :

English

Title :

Market Regulation and Innovation: Direct and Indirect Effects

Publication date :

2022

Journal title :

Journal of Industry, Competition and Trade

ISSN :

1566-1679

eISSN :

1573-7012

Publisher :

Springer Nature, Netherlands

Peer reviewed :

Peer Reviewed verified by ORBi

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since 23 November 2022

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