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Market Structure and Innovation

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  • Glenn C. Loury

Abstract

I. Introduction, 395.—II. The model, 397.—III. Competitive entry and long-run equilibrium, 402.—IV. Welfare analysis of industry equilibria, 405.—V. Conclusion, 408.

Suggested Citation

  • Glenn C. Loury, 1979. "Market Structure and Innovation," The Quarterly Journal of Economics, Oxford University Press, vol. 93(3), pages 395-410.
  • Handle: RePEc:oup:qjecon:v:93:y:1979:i:3:p:395-410.
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    References listed on IDEAS

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    1. Kamien, Morton I & Schwartz, Nancy L, 1975. "Market Structure and Innovation: A Survey," Journal of Economic Literature, American Economic Association, vol. 13(1), pages 1-37, March.
    2. Kamien, Morton I & Schwartz, Nancy L, 1972. "Timing of Innovations Under Rivalry," Econometrica, Econometric Society, vol. 40(1), pages 43-60, January.
    3. S. Baranzoni & P. Bianchi & L. Lambertini, 2000. "Multiproduct Firms, Product Differentiation, and Market Structure," Working Papers 368, Dipartimento Scienze Economiche, Universita' di Bologna.
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