Innovation Matters: Competition Policy for the High-Technology Economy
- ISBN-10
- 026235862X
- ISBN-13
- 9780262358620
- Category
- Business & Economics
- Pages
- 336
- Language
- English
- Published
- 2020-07-14
- Publisher
- MIT Press
- Author
- Richard J. Gilbert
Description
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.
Get the book
Other editions
-
- 2022-06-07
- 337 pages
- Paperback
- MIT Press
Similar books
-
Innovation Matters More: 25 Experts Make the Case for Why This Moment Was Made for Innovators
By Eric SteegeAmong the topics they address: - how to make online meetings more human - staying close to customers when you can't be together in person- what has changed in Silicon Valley- how to re-evaluate your innovation portfolio- the most important ...
-
Experimentation Matters: Unlocking the Potential of New Technologies for Innovation
By Stefan H. ThomkeProbing and thoughtful, Experimentation Matters will influence how both executives and academics think about experimentation in general and innovation processes in particular.
-
What Matters Now: How to Win in a World of Relentless Change, Ferocious Competition, and Unstoppable Innovation
By Gary HamelThis is not a book about one thing.
-
Innovation Matters
By National Council for Voluntary OrganisationsInnovation Matters
-
The Innovation Delusion: How Our Obsession with the New Has Disrupted the Work That Matters Most
By Andrew L. Russell, Lee VinselIn this provocative, deeply researched book, Vinsel and Russell tell the story of how we devalued the work that underpins modern life—and, in doing so, wrecked our economy and public infrastructure while lining the pockets of consultants ...
-
Permissionless Innovation: The Continuing Case for Comprehensive Technological Freedom
By Adam ThiererIn this book, Adam Thierer argues that if the former disposition, “the precautionary principle,” trumps the latter, “permissionless innovation,” the result will be fewer services, lower-quality goods, higher prices, diminished ...
-
Innovation Nation: How America Is Losing Its Innovation Edge, Why It Matters, and What We Can Do to Get It...
By John KaoAnother Silicon Valley denizen, polymath John Seely Brown, is also involved in new models for education. He argues that the rapid pace of change in technology and the way business is conducted means that students must have the capacity ...
-
Catalyzing Innovations For A Sustainable Future: Bite-sized Commentaries And Resource Materials
By Thomas Menkhoff'This book competently demonstrates the full potential of effective innovation governance and outlines what Innovation Leaders need to know and do in order to make innovation work.
-
Igniting Innovation: Rethinking the Role of Government in Emerging Europe and Central Asia
By Smita Kuriakose, Jean-Louis Racine, Itzhak GoldbergInnovation and technology absorption are now firmly recognized as one of the main sources of economic growth for emerging and advanced economies alike.
-
Executing Innovation: Expert Solutions to Everyday Challenges
Intro -- Contents -- Mentor's Message: Why Executing Innovation Matters -- Executing Innovation: The Basics -- Why Innovate?