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The Minerva Papers

A series by Jorge Padilla on competition law and economics in innovation-driven markets. Each paper takes one question that current enforcement handles by snapshot and proposes a method for handling it in motion. 2 papers since 8 September 2026.

The papers

Newest first
  1. No. 2
    9 September 2026

    Dominance in Motion: A practical R&D-intensity test for dynamic markets

    In innovation-driven markets, a market share records who is ahead; it does not reveal how hard that firm must work to remain ahead. A dominance assessment should therefore examine the incumbent’s innovation effort and the innovative capabilities of its challengers before…

    Markets in motionEconomists at the bar

  2. No. 1
    8 September 2026

    Introducing The Minerva Papers

    Why this title? Among the gods of antiquity, Minerva has suffered a peculiar fate. Mars still lends his name to war, Venus to beauty and desire, Mercury to speed and commerce. Minerva, by contrast, has faded from our collective imagination.

    Economists at the bar