Coverart for item
The Resource Innovation matters : competition policy for the high-technology economy, Richard J. Gilbert, (electronic resource)

Innovation matters : competition policy for the high-technology economy, Richard J. Gilbert, (electronic resource)

Label
Innovation matters : competition policy for the high-technology economy
Title
Innovation matters
Title remainder
competition policy for the high-technology economy
Statement of responsibility
Richard J. Gilbert
Creator
Subject
Language
eng
Summary
A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and 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.Gilbert considers both theory and available empirical evidence on the relationships among market structure, firm behavior, and the production of new products and services. He reviews the distinctive features of the high-tech economy and why current analytical tools used by antitrust enforcers aren't up to the task of assessing innovation concerns. He considers, from the perspective of innovation competition, Kenneth Arrow's “replacement effect” and the Schumpeterian theory of market power and appropriation; discusses the effect of mergers on innovation and future price competition; and reviews the empirical literature on competition, mergers, and innovation. He describes examples of merger enforcement by US and European antitrust agencies; examines cases brought against Microsoft and Google; and discusses the risks and benefits of interoperability standards. Finally, he offers recommendations for competition policy.--
Assigning source
Provided by publisher
http://library.link/vocab/creatorDate
1945-
http://library.link/vocab/creatorName
Gilbert, Richard J.
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
Series statement
Ebsco eBook Collection
http://library.link/vocab/subjectName
  • High technology industries
  • Competition
  • Antitrust law
  • Consolidation and merger of corporations
  • Law
Label
Innovation matters : competition policy for the high-technology economy, Richard J. Gilbert, (electronic resource)
Link
https://eui.idm.oclc.org/login?url=http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=2371115
Instantiates
Publication
Antecedent source
unknown
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Intro -- Title Page -- Copyright -- Dedication -- Table of Contents -- 1. Introduction -- 2. Should Competition Policy Differ for the High-Technology Economy? -- 3. Competition and Innovation Basics: Arrow versus Schumpeter -- 4. Dynamics, Cumulative Innovation, and Organizational Theories -- 5. Merger Policy for Innovation -- 6. Competition and Innovation: Empirical Evidence -- 7. Merger Enforcement for Innovation: Examples and Lessons for Remedies -- 8. "We Are Going to Cut Off Their Air Supply": Microsoft and Innovation Harm from Exclusionary Conduct --9. "Where Is Foundem?" The Google Shopping Case and Antitrust Policy for Product Designs -- 10. Competition Policy for Standards -- 11. Some Concluding Remarks on Innovation-Centric Competition Policy -- Acknowledgments -- References -- Index
Control code
ybp301347528
Dimensions
unknown
Extent
1 online resource
File format
unknown
Form of item
online
Isbn
9780262358620
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Quality assurance targets
not applicable
Reformatting quality
unknown
Sound
unknown sound
Specific material designation
remote
Label
Innovation matters : competition policy for the high-technology economy, Richard J. Gilbert, (electronic resource)
Link
https://eui.idm.oclc.org/login?url=http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=2371115
Publication
Antecedent source
unknown
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Intro -- Title Page -- Copyright -- Dedication -- Table of Contents -- 1. Introduction -- 2. Should Competition Policy Differ for the High-Technology Economy? -- 3. Competition and Innovation Basics: Arrow versus Schumpeter -- 4. Dynamics, Cumulative Innovation, and Organizational Theories -- 5. Merger Policy for Innovation -- 6. Competition and Innovation: Empirical Evidence -- 7. Merger Enforcement for Innovation: Examples and Lessons for Remedies -- 8. "We Are Going to Cut Off Their Air Supply": Microsoft and Innovation Harm from Exclusionary Conduct --9. "Where Is Foundem?" The Google Shopping Case and Antitrust Policy for Product Designs -- 10. Competition Policy for Standards -- 11. Some Concluding Remarks on Innovation-Centric Competition Policy -- Acknowledgments -- References -- Index
Control code
ybp301347528
Dimensions
unknown
Extent
1 online resource
File format
unknown
Form of item
online
Isbn
9780262358620
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Quality assurance targets
not applicable
Reformatting quality
unknown
Sound
unknown sound
Specific material designation
remote

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