Market structureandinnovationDr.MScBertSadowskiTechnischeUniversiteitTUeEindhovenUniversity of TechnologyWhere innovation starts
Market structure and innovation Dr. MSc Bert Sadowski
StatementsMonopolistic markets are notalways badforinnovations!Mostmarketshaveoligopolisticmarketstructures!Itis important howthe industryis defined!Nowyoubecomeareal economist!TechnischeUniversiteitTUEindhoveneUniversityofTechnologyPAGE19/29/2013EconomicsofInnovation2013
Statements • Monopolistic markets are not always bad for innovations! • Most markets have oligopolistic market structures! • It is important how the industry is defined! Economics of Innovation 2013 9/29/2013 PAGE 1 Now you become a real economist!
StructureMonopolistic Market Structures and InnovationEmpiricalperspectivesonmarketstructureandinnovationRecentdevelopmentsonmarketstructureandinnovationExample:Pharmaceutical IndustryandInnovationTechnische UniversiteitTUEindhovenJUniversityofTechnologyEconomics9/29/20132ofInnovation2013
Structure • Monopolistic Market Structures and Innovation • Empirical perspectives on market structure and innovation • Recent developments on market structure and innovation • Example: Pharmaceutical Industry and Innovation 9/29/2013 Economics of Innovation 2013 2
Monopolistic markets are not always bad forinnovation!Technische UniversiteitTUEindhoveneUniversityofTechnology9/29/2013PAGE3EconomicsofInnovation2013
Monopolistic markets are not always bad for innovation! Economics of Innovation 2013 9/29/2013 PAGE 3
MonopolisticMarket StructuresandInnovationTechnische UniversiteitTUEindhoveneUniversityofTechnology9/29/2013PAGE4EconomicsofInnovation2013
MONOPOLY Monopolistic Market Structures and Innovation Economics of Innovation 2013 9/29/2013 PAGE 4