Innovation and Competition: The Role of Finance Constraints in a Duopoly Case

In this paper we analyse the role of financial resources in a process of competition interpreted as a continuous restructuring of productive capacities. Financial constraints appear an essential means of co-ordination. Co-ordination with the environment where this process of restructuring takes place for the process itself to be viable and co-ordination between firms for the survival of competition.

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Year of publication:	2003
Authors:	Amendola, Mario ; Gaffard, Jean-Luc ; Musso, Patrick
Institutions:	Sciences économiques, Sciences Po
Subject:	Competition \| Co-ordination \| Finance \| Innovation

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Extent:	application/pdf
Series:	Sciences Po publications.
Type of publication:	Book / Working Paper
Notes:	Published in The Review of Austrian Economics, 2003, vol. 16, pp.183-204
Classification:	L11 - Production, Pricing, and Market Structure Size; Size Distribution of Firms ; O31 - Innovation and Invention: Processes and Incentives
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010798346