Motivated by the consequences of firm’s defensive behavior, we test the impact of market regulation on R&D effort. Our estimates show that this impact is positive, namely on high technology industries. Besides the view of monopolistic profits as innovation rewards, these results can be...

It is now being assumed — without strong feelings or controversy — that thousands of intelligent objects will be connected to the Internet in the near future. These prospects might gladden hearts or scare weaker souls. They are, day after day, ever more likely ...

Can the digital sector relaunch France’s national economy ? For a few years now, this question has nagged experts and spawned topquality reports. Despite their relevance, these documents all err by too simply separating the “new technology”, adorned with all virtues and loaded with...