Inventions inherently correlate with imperfect competition in economic models
the verdict
SUPPORTED
the evidence backs this
confidence 82/100
Economic models frequently demonstrate that innovation inherently correlates with and shapes imperfect competition through mechanisms such as endogenous market structures, intellectual property rights, and firm-level knowledge accumulation.
Evidence for · 4
From Thought to Practice: Appropriation and Endogenous Market Structure with Imperfect Intellectual Property Rights
2009 · cited by 14
The study develops a bargaining model to show how innovative ideas and appropriation problems naturally shape endogenous market structures.
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More for · 3
Competition, patent protection, and innovation with heterogeneous firms in an endogenous market structure
2020 · cited by 13
The paper incorporates firm heterogeneity and endogenous market structure in a dynamic general equilibrium model to study competition and innovation.
Style Over Substance? Advertising, Innovation, and Endogenous Market Structure
2021 · cited by 11
The research models firm growth and competition using an oligopolistic general-equilibrium framework where market structure is endogenous.
Innovation Concentration and Patent Market Structure
2024 · cited by 1
The study demonstrates how R&D and newly invented knowledge directly drive industry concentration and imperfectly competitive market structures.