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Affected by complicated issues, such as regional conflicts, trade wars, and the COVID-19 pandemic, manufacturing firms face enormous challenges in reconstructing the global supply chain landscape to form new cooperative innovation mechanisms. This study investigates the relationship between...
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Suppliers often make proactive investments in capacity to strategically position themselves to win a contract with a monopolist buyer. Such investments reduce the suppliers' variable costs of serving the buyer's demand. We show that an auction mechanism does not always benefit the...
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