R & D, Innovation and Industrial Structure: Essays on the Theory of Technological Competition

The common topic of this collection of studies is the interaction between innova­ tive activity of firms and industrial structure. I call this interaction technological competition. Firms invest into R&D in order to open up new or enlarge existing profit opportuni­ ties for the future. A successful R&D-project leads to an innovation. An innovation introduced into the market changes the competitive structure of the industry. At the same time the structure of the industry shapes the incentive...