Construct · 1 fields · 1 citations

inverted-U relationship between competition and innovation: a standalone construct

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inverted-U relationship betweencompetition and innovation1 CONSTRUCTInverted-U relationshipAGHION · SCIENCE AND

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Science and innovation policy

the finding that innovation first rises then falls as product market competition increases, from escape-competition and Schumpeterian effects.

In science and innovation policy, inverted-U relationship between competition and innovation refers to the finding that innovation first rises then falls as product market competition increases, from escape-competition and Schumpeterian effects. This meaning comes from Aghion (2005) in The Quarterly Journal of Economics.[1]

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Nearby constructs

innovation6 fields · 11 citationsjingle · one name, six constructsmarket3 fields · 5 citationsjingle · one word, three constructspolicy2 fields · 4 citationsjingle · one word, two constructs

References

  1. Aghion, P., Bloom, N., Blundell, R., Griffith, R., & Howitt, P. (2005). Competition and Innovation: an Inverted-U Relationship. The Quarterly Journal of Economics, 120(2), 701-728. https://doi.org/10.1093/qje/120.2.701

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