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Competition, Innovation and Productivity in a Low Interest Rate Environment

   Teesside University International Business School

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  Dr Dongha Zhang  No more applications being accepted  Funded PhD Project (Students Worldwide)

About the Project

It is commonly recognized that low productivity growth can arise from reduced innovation diffusion and technological advancements. Since the interest rates have dropped to zero lower bounds across the major economies in the world, low interest rates tend to intensify the gaps between the followers and leaders in terms of the incentives to benefit from innovation diffusion. In addition, the dynamics across and between concentration, innovation and productivity growth can vary significantly by taking account the impact of low interest rates. As enhanced market power is directly linked with the reduction of productivity growth, it is crucial to investigate the interactions between strategic competition, innovation and productivity enhancement under a low interest rate environment. This project aims to provide a variety of policy insights, including the implications for taxing market leaders and providing financial incentives to support the productive market followers, the sustainability of the zero lower bound monetary policy in the long-term and the anti-trust policy of the technology sector.

Entry Requirements

Applicants should hold or expect to obtain a good honours degree (2:1 or above) in a relevant discipline. A masters level qualification in a relevant discipline is desirable, but not essential, as well as a demonstrable understanding of the research area. Further details of the expected background may appear in the specific project details. International students will be subject to the standard entry criteria relating to English language ability, ATAS clearance and, when relevant, UK visa requirements and procedures.

How to Apply

Applicants should apply online for this opportunity at:

Please use the Online Application (Funded PHD) application form. When asked to specify funding select “other” and enter ‘RDS’ and the title of the PhD project that you are applying for. You should ensure that you clearly indicate that you are applying for a Funded Studentship and the title of the topic or project on the proposal that you will need to upload when applying. If you would like to apply for more than one project, you will need to complete a further application form and specify the relevant title for each application to a topic or project.

Applications for studentships that do not clearly indicate that the application is for a Funded Studentship and state the title of the project applied for on the proposal may mean that your application may not be considered for the appropriate funding.

For academic enquiries, please contact Dr Dongna Zhang [Email Address Removed]  

For administrative enquiries before or when making your application, contact [Email Address Removed].  


The Fees-Paid PhD studentship will cover all tuition fees for the period of a full-time PhD Registration of up to four years. Successful applicants who are eligible will be able to access the UK Doctoral Loan scheme to support with living costs. Applicants who are employed and their employer is interested in funding a PhD, can apply for a Collaborative Studentship
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