enterprises for the period 1998 through 2007 to test for complementarity between competition and industrial policy. A main … competition-friendly and therefore more growth-enhancing. …

. Competition from venture capitalists increases corporate venturing activity, the salaries of potential entrepreneurs, and total …

This paper analyses the impact of competition among downstream firms on an upstream firm's payoff and on its incentive … to vertically integrate when firms on both segments negotiate optimal contracts. We argue that tougher competition … firm is better off encouraging competition when the downstream firms have high bargaining power. We derive implications on …

competition is shown to have a stimulating effect on growth. Indeed, by reducing the amount of slack a manager can afford while … keeping his firm alive, competition, combined with the threat of liquidation acts as a disciplinary device which fosters … this growth-enhancing effect of competition. …

market competition. We use a circular model with asymmetric production costs both for incumbent firms and potential entrants …, where unit transport cost measures the intensity of competition (quality of infrastructure). The static and dynamic welfare …, as measured by the distribution of costs in the economy, the number of incumbent firms, the degree of market competition …

product market competition. This leads to more effective weeding out of the existing high-cost firms in the market. In this …