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Competitiveness at the firm level is a subject of interest not only to managers and policy makers but also academics. An effective functioning under the conditions of new economy requires from the enterprises to develop their core capabilities and talents along with the ability to quickly...
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distribution of firms' profit rates, which turns out to be an exponential power (or Subbotin) distribution. Moreover, we construct … finding is that firms' idiosyncratic efforts and the tendency for competition to equalize profit rates are two sides of the …
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different firms and firms employing cooperative workers make strictly positive profits. Profit differences across firms persist …
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