<div class="csl-bib-body">
<div class="csl-entry">Plavsic, B. (2016). <i>Intensity of competition and technological progress</i> [Master Thesis, Technische Universität Wien; IHS Wien]. reposiTUm. https://doi.org/10.34726/hss.2016.37476</div>
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dc.identifier.uri
https://doi.org/10.34726/hss.2016.37476
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dc.identifier.uri
http://hdl.handle.net/20.500.12708/4023
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dc.description.abstract
The empirical phenomenon that in monopolized markets technological improvements are small compared to competitive markets is to be examined. The level of technological advancements has been measured by how big improvement a new technology represents compared to the current best technology used in the market. The relationship between intensity of competition and technological progress has been examined in a model where R&D laboratory exerts effort, which is translated into a new technology, such that its profits are maximized. It is shown that intensity of competition affects the amount of technological progress in a non-monotone way.
en
dc.language
English
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dc.language.iso
en
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dc.rights.uri
http://rightsstatements.org/vocab/InC/1.0/
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dc.subject
Competition
en
dc.subject
R&D
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dc.subject
Technological progress
en
dc.title
Intensity of competition and technological progress