through asset building. The theoretical and empirical results indicate that an increase in the initial level of competition … implies greater export incentive. However, over the life cycle of a firm, the role of competition is impacted by the intensity … of capital accumulation and the initial level of wealth. Greater local competition before the entry of firms in the …

through asset building. The theoretical and empirical results indicate that an increase in the initial level of competition … implies greater export incentive. However, over the life cycle of a firm, the role of competition is impacted by the intensity … of capital accumulation and the initial level of wealth. Greater local competition before the entry of firms in the …

rewarding. We endogenize the success probability of R&D and its response to the intensity of competition and specifically show … that if the technology is already advanced and competition intensifies then firms wouldn't innovate. The dynamic … competition. We finally conclude that the intensity of competition and welfare may not have the usual (direct) relationship and …

rewarding. We endogenize the success probability of R&D and its response to the intensity of competition and specifically show … that if the technology is already advanced and competition intensifies then firms wouldn’t innovate. The dynamic … competition. We finally conclude that the intensity of competition and welfare may not have the usual (direct) relationship and …