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The formulation of a competitive strategy implies an extended understanding, in terms of the industrial structures, of the mains fields where the nations compete and those structures evolve. The environmental conditions of a region, and of its industries, determine both the generic strategies,...
Persistent link: https://www.econbiz.de/10005118851
This paper constructs an equilibrium model of entrepreneurial innovation where individuals differ in their attitude … toward uncertainty. Unlike previous models of innovation, the firm-formation process is endogenous. An entrepreneur, who owns …'s willingness to work with the uncertain technology. The general equilibrium setting allows us to explore the impact of innovation …
Persistent link: https://www.econbiz.de/10005556737
The LoopCo Plan, which uses market mechanisms to promote competition, is the best approach to restructuring the telecommunications market, say its proponents, who object to the requirements and to-date implementation of the Telecommunications Act of l996. The local-loop's spin-off 's consumer...
Persistent link: https://www.econbiz.de/10005126025
The paper examines the economic and regulatory factors that led to an explosion in the wholesale power prices, supply shortages, and utility insolvencies in California’s electricity sector. A necessary first step in determining the lessons learned from the California electricity crisis is a...
Persistent link: https://www.econbiz.de/10005126483
The paper examines the economic and regulatory factors that led to an explosion in the wholesale power prices, supply shortages, and utility insolvencies in California’s electricity sector. A necessary first step in determining the lessons learned from the California electricity crisis is a...
Persistent link: https://www.econbiz.de/10005134444
, including some with systems of land use regulation which evolved entirely independently of the British. The paper starts by …
Persistent link: https://www.econbiz.de/10005407858
Why do people become part-time entrepreneurs? Are they credit constrained? Previous studies on entrepreneurship do not …
Persistent link: https://www.econbiz.de/10005413242
Washington Consensus doctrine. The new mantra from the Washington Consensus Mark 2 is “get the institutions right.” The danger is … that an elastic definition of the term “institutions” will render the current mantra intellectually vacuous. 3. While …
Persistent link: https://www.econbiz.de/10005556001
Washington Consensus doctrine. The new mantra from the Washington Consensus Mark 2 is “get the institutions right.” The danger is … that an elastic definition of the term “institutions” will render the current mantra intellectually vacuous. 3. While …
Persistent link: https://www.econbiz.de/10005118852
In a globally networked economy, the telecommunications sector – which was long in the hands of a state-run company – must not close its eyes to competition. All the same, Germany was late in starting to deregulate the industry and so far has concentrated more on competition among service...
Persistent link: https://www.econbiz.de/10005556043