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, competition and industry evolution. …
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The determinants of a firm's innovative capacity are rooted in organizational design, incentives, human resources, internal culture, and external linkages. Profiting from innovation is always a challenge and licensing is one of many options
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theories of competition. Yet, despite its intuitive appeal, thehypothesis that companies with superior productivity also … hypothesis leadsto measurement errors and may impair the identification of competition for the market.In this paper, we use data …
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