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 …

when it co-creates with more firms. This result complements the existing literature that shows that, without competition … equilibrium, in which only one of the two firms co-creates with the supplier, is obtained when the degree of competition between … the firms is moderate. Third, we find two types of asymmetric equilibria. For moderately low degrees of competition …