Matsumura, Toshihiro; Matsushima, Noriaki; Yamamori, Tetsuo - Institute of Social and Economic Research (ISER), Osaka … - 2010
Previous theoretical researches show that learning from good performers yields intense competition and results in the low profitability of firms. These researchers do not take into account differentiation strategies being referred as a useful strategic tool to mitigate competition. We introduce...