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differ. Functional flexibility is strongly positively associated with product innovations. In contrast, numerical flexibility … allows firms to ?buy? innovations in the short run, but reduces innovative capacity in the longer run. …
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This paper studies the introduction of new products (increase in product variety) in the automobile industry. The focus is on the two sources of market power that may allow the firms to get higher profits (and, thus, recoup investments): new products and brand-name reputation. The effects of new...
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. However, innovations seem to be more productive in small firms. Scale economies at the sectoral level are indicated by …
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. Barriers to entrepreneurship, to setting up new firms and to innovations which are prevalent on goods and capital markets also …
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. However, innovations seem to be more productive in small firms. Scale economies at the sectoral level are indicated by …
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