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)
Resource Information
The item Innovation matters : competition policy for the high-technology economy, Richard J. Gilbert, (electronic resource) represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in European University Institute.This item is available to borrow from 1 library branch.
Resource Information
The item Innovation matters : competition policy for the high-technology economy, Richard J. Gilbert, (electronic resource) represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in European University Institute.
This item is available to borrow from 1 library branch.
- 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.--
- Language
- eng
- Extent
- 1 online resource
- 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
- Isbn
- 9780262358620
- 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
- 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)
- 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)
- 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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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.library.eui.eu/portal/Innovation-matters--competition-policy-for-the/eogGf7EnFVw/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.library.eui.eu/portal/Innovation-matters--competition-policy-for-the/eogGf7EnFVw/">Innovation matters : competition policy for the high-technology economy, Richard J. Gilbert, (electronic resource)</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.library.eui.eu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.library.eui.eu/">European University Institute</a></span></span></span></span></div>
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.library.eui.eu/portal/Innovation-matters--competition-policy-for-the/eogGf7EnFVw/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.library.eui.eu/portal/Innovation-matters--competition-policy-for-the/eogGf7EnFVw/">Innovation matters : competition policy for the high-technology economy, Richard J. Gilbert, (electronic resource)</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.library.eui.eu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.library.eui.eu/">European University Institute</a></span></span></span></span></div>
