Advanced Search
MyIDEAS: Login

Innovation and the Evolution of Market Structure

Contents:

Author Info

  • Gerosky, P A
  • Pomroy, R
Registered author(s):

    Abstract

    This paper examines the association between innovation and the evolution of market structure. A dynamic model of market concentration is applied to seventy-three U.K. industries, 1970-79, and the results are found to be consistent with the hypothesis that innovation is deconcentrating. The results reported here and those contained in earlier work combine to suggest that innovation and changes in market concentration interact in a relatively rapid, mutually reinforcing, but rather weak, spiral of increased innovation and decreasing concentration. Copyright 1990 by Blackwell Publishing Ltd.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://links.jstor.org/sici?sici=0022-1821%28199003%2938%3A3%3C299%3AIATEOM%3E2.0.CO%3B2-N&origin=bc
    File Function: full text
    Download Restriction: Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Wiley Blackwell in its journal Journal of Industrial Economics.

    Volume (Year): 38 (1990)
    Issue (Month): 3 (March)
    Pages: 299-314

    as in new window
    Handle: RePEc:bla:jindec:v:38:y:1990:i:3:p:299-314

    Contact details of provider:
    Web page: http://www.blackwellpublishing.com/journal.asp?ref=0022-1821

    Order Information:
    Web: http://www.blackwellpublishing.com/subs.asp?ref=0022-1821

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Michael Reksulak & William F. Shughart & Robert D. Tollison, 2008. "Innovation and the opportunity cost of monopoly," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 29(8), pages 619-627.
    2. Peters, Bettina & Riley, Rebecca & Siedschlag, Iulia & Vahter, Priit & McQuinn, John, 2014. "Innovation and Productivity in Services:Evidence from Germany, Ireland and the United Kingdom," Papers WP480, Economic and Social Research Institute (ESRI).
    3. W.A. Dolfsma & G. van der Panne, 2007. "Innovations from SMEs or large firms? : sector structure and dynamics," Working Papers 07-30, Utrecht School of Economics.
    4. Suárez, Fernando F., 1960- & International Center for Research on the Management of Technology., 1991. "Dominant designs and the survival of firms," Working papers 3340-91. WP (Internationa, Massachusetts Institute of Technology (MIT), Sloan School of Management.
    5. Raquel Ortega & Rosina Moreno & Jordi Surinach, 2003. "Ownership Structure and Innovation: Is There a Real Link?," ERSA conference papers ersa03p213, European Regional Science Association.
    6. Bos Jaap & Lamoen Ryan van & Economidou Claire, 2010. "Too Big to Innovate? Scale (dis)economies and the Competition-Innovation Relationship in U.S. Banking," Research Memorandum 054, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    7. Nigel Driffield, 2001. "Inward investment, industry concentration and the speed of adjustment," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 137(2), pages 193-214, June.
    8. Smolny, Werner, 1997. "Endogenous innovations in a model of the firm: Theory and empirical application for West-German manufacturing firms," Discussion Papers 39, University of Konstanz, Center for International Labor Economics (CILE).
    9. Nigel Driffield, 2001. "Inward Investment and Host Country Market Structure: The Case of the U.K," Review of Industrial Organization, Springer, vol. 18(4), pages 363-378, June.
    10. Werner Smolny, 2003. "Determinants of innovation behaviour and investment estimates for west-german manufacturing firms," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 12(5), pages 449-463.
    11. Schön, Benjamin & Pyka, Andreas, 2013. "The success factors of technology-sourcing through mergers & acquisitions: An intuitive meta-analysis," FZID Discussion Papers 78-2013, University of Hohenheim, Center for Research on Innovation and Services (FZID).
    12. David Encaoua & Bruno Crépon & William James Adams, 1992. "Choix technologiques et stratégies de dissuasion d'entrée," Économie et Prévision, Programme National Persée, vol. 102(1), pages 27-36.
    13. Dolfsma, Wilfred & van der Panne, Gerben, 2008. "Currents and sub-currents in innovation flows: Explaining innovativeness using new-product announcements," Research Policy, Elsevier, vol. 37(10), pages 1706-1716, December.
    14. Jeong, Kap-Young & Masson, Robert T., 2003. "A new methodology linking concentration dynamics to current and steady-state profits:Examining Korean industrial policy during take-off," International Journal of Industrial Organization, Elsevier, vol. 21(10), pages 1489-1526, December.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:bla:jindec:v:38:y:1990:i:3:p:299-314. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.