Knowledge from customers, suppliers, competitors, universities, is a key input in the innovative process of firms. However, firms must have absorption capacity to take advantage of such external knowledge. Based on the concept of absorptive capacity, this paper aims to analyze the impact that...

One of the most important economic strategic sectors in any economy is the electricity market. Its main feature is its oligopolistic character favoured by the returns to scale which act as an entry barrier. As a result, the energy generators can use their power market in order to increase their...

This paper develops an oligopoly model with firms that may potentially be public or private, and solves it for different cases in which the number and ownership of those firms vary. The results are then compared in terms of total surplus and consumer surplus, and this comparison produces...