A fundamental issue in industrial organization theoryis how different market structures affect economic performance and social welfare and what market structure is most conducive to innovation and technological progress?This paper aims to conduct a new empirical assessment of the Schumpeterian hypothesisasserting the advantage of monopolystructure over competition structure in raising R&D and technological progress. To this aim, a panel of 4-digit ISIC of Iranian industries data over the period 1995-2007 has been used. The findings of this study support the Schumpeterian hypothesis in Iranian large manufacturing industries in winch the more concentrated industries stimulate R&D expenditures and promote rapid technological progress.
kordbacheh, H., & emami, S. S. (2013). Market Structure and R&D expenditures In Iranian large manufacturing industries. Journal of Applied Economics Studies in Iran, 1(4), 63-89.
MLA
hamid kordbacheh; soodeh sadat emami. "Market Structure and R&D expenditures In Iranian large manufacturing industries". Journal of Applied Economics Studies in Iran, 1, 4, 2013, 63-89.
HARVARD
kordbacheh, H., emami, S. S. (2013). 'Market Structure and R&D expenditures In Iranian large manufacturing industries', Journal of Applied Economics Studies in Iran, 1(4), pp. 63-89.
VANCOUVER
kordbacheh, H., emami, S. S. Market Structure and R&D expenditures In Iranian large manufacturing industries. Journal of Applied Economics Studies in Iran, 2013; 1(4): 63-89.
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