A growth model is developed in which competition may increase the incremental profit from innovating; on the other hand, competition may also reduce innovation incentives for laggards. There are four key predictions. First, the relationship between product market competition (PMC) and innovation is an inverted U-shape.
National efforts to reduce environmental risk are based on the best available scientific information;federal laws protecting human health and the environment are enforced fairly and effectively
Bush V. Gore is the united states supreme court decision that resolved the dispute surrounding the presidential election.