Does Competition Enhance or Hinder Innovation? Evidence from Philippine Small and Medium-Sized Enterprises

• Main Authors: Canare, Tristan A, Francisco, Jamil Paolo
• Format: text
• Published: Archīum Ateneo 2021
• Subjects: Competition; innovation; small and medium-sized enterprises (SMEs); the Philippines; Economics; Entrepreneurial and Small Business Operations; Technology and Innovation
• Online Access: https://archium.ateneo.edu/economics-faculty-pubs/188; https://muse.jhu.edu/article/796912
• Institution: Ateneo De Manila University

Competition has two possible contrasting effects on firm innovation. On one hand, it can force businesses to innovate to become more competitive. On the other, competition can shrink a firm’s market share, revenues and profit, making it difficult to implement costly innovations. Applying logistic re...