Innovation Matters is popular PDF and ePub book, written by Richard J. Gilbert in 2020-07-14, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Innovation Matters can be Read Online from any device for your convenience.
Innovation Matters Book PDF Summary
A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and available evidence on economic incentives for innovation. Competition policy and antitrust enforcement have traditionally focused on prices rather than innovation. Economic theory shows the ways that price competition benefits consumers, and courts, antitrust agencies, and economists have developed tools for the quantitative evaluation of price impacts. Antitrust law does not preclude interventions to encourage innovation, but over time the interpretation of the laws has raised obstacles to enforcement policies for innovation. In this book, economist Richard Gilbert proposes a shift from price-centric to innovation-centric competition policy. Antitrust enforcement should be concerned with protecting incentives for innovation and preserving opportunities for dynamic, rather than static, competition. In a high-technology economy, Gilbert argues, innovation matters.
Detail Book of Innovation Matters PDF
- Author : Richard J. Gilbert
- Release : 14 July 2020
- Publisher : MIT Press
- ISBN : 9780262358620
- Genre : Business & Economics
- Total Page : 337 pages
- Language : English
- PDF File Size : 18,9 Mb
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