Innovation Matters: Competition Policy for the High-Technology Economy (The MIT Press) free ebook download.

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Innovation Matters: Competition Policy for the High-Technology Economy (The MIT Press) free ebook download

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Author(s):	Richard J. Gilbert

Date:	2020	Format:	EPUB	Language:	English	ISBN/ASIN:	0262044048
Pages:	1	OCR:		Quality:		ISBN13:
Uploader:	alex21s	Upload Date:	7/25/2020 8:09:14 AM

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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.

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2832303	Book	https://k2s.cc/file/f392caefeabfb...		2.11	alex21s

Tags: Competition Economy High-Technology Innovation Matters Policy Press

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