This paper characterizes how firms' strategic interaction in product markets affects the industry dynamics of investment and expected returns. In imperfectly competitive industries, a firm's exposure to systematic risk is jointly affected by its own investment strategy and the investment...

The assessment of investment strategies in R D of the textile products manufacturing sector in Bogotá permitted to identify the advantages and disadvantages of these strategies in the view of the attitudes to uncertainty of managers and competitive positions in the market, determining the best...